๐จ ๐จCrypto Market Update โ Aug 20, 2025 ๐จ
๐ Bitcoin (BTC): $113,900 (โ1.5%) ๐ Ethereum (ETH): $4,180 (โ1.7%) ๐ XRP: $2.88 (โ3โ5%) ๐ Altcoins: Cardano $0.92 (โ6%), Solana $183 (โ6%)$BNB
๐ก Market Mood: Bearish ahead of Fed minutes & Powellโs Jackson Hole speech. Traders cautious, selling pressure rising.
๐ Key News:$ETH
๐บ๐ธ US Treasury bets on stablecoins to absorb debt issuance ($250B โ $2T sector growth).
๐จ๐ณ China considering yuan-backed stablecoins for global trade push.
๐ฌ๐ง UK reopens Bitcoin ETNs to retail investors from Oct 8.
๐ Global Market Cap: $3.84T (โ1.6% in 24h)
โก๏ธ Outlook: Macro uncertainty weighing on crypto. Watch BTC support near $113K & ETH near $4,000.
