🚨 Crypto Market Update | Aug 18, 2025 🚨
🔻 Bitcoin (BTC) tests $115K, slipping from recent highs as the broader market turns bearish.
🔻 Ethereum (ETH), XRP, and SOL also faced steep pullbacks, with total market losses crossing $100B in 24h.
🌟 Bright Spot:
Chainlink (LINK) defied the red sea with a +15% rally, boosted by a new reserve mechanism and a partnership with ICE (NYSE’s parent company).
Some DeFi tokens showed resilience despite the sell-off.
🏦 Institutional Moves:
Dutch firm Amdax announced plans to launch a Bitcoin Treasury company on Euronext Amsterdam, aiming to secure 1% of BTC’s supply — a bold bet on long-term adoption.
🐋 Whale Watch:
Large moves spotted: 79 WBTC + 1,860 ETH (≈$17M) withdrawn from exchanges as prices dipped.
⚡ TL;DR:
Markets cooled, but BTC adoption narratives & LINK’s breakout show the ecosystem’s strength even in a correction.
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📰 Sources: TradingView, Barron’s, Reuters, CoinDesk
#Bitcoin #Ethereum #Chainlink #CryptoNews #BinanceSquare