Here are the highlights of the cryptocurrency market on August 21, 2025 🧠📉:
📊 Collective decline in the market
- Most major cryptocurrencies recorded losses between 2% to 6% in the past 24 hours.
- Bitcoin dropped to around $113,000 with a decrease of -2.69%.
- Ethereum fell to below $4,100 with a decrease of -4.79%.
💥 Massive liquidations
- Trading positions worth $211 million were liquidated in the past hours, mostly long buy positions.
- The largest individual liquidation was on the ETHUSDT pair worth $9.43 million.
🐶 Meme coins under pressure
- The market capitalization of meme coins dropped to $73.2 billion with a loss of 5.8%.
- Dogecoin (DOGE) fell to $0.2153 before bouncing back slightly to $0.2211.
🏦 International regulatory movements
- South Korea temporarily halted crypto-related lending services, awaiting a new regulatory framework.
- In the United States, warnings that Bitcoin reaching a million dollars could be an indicator of an economic crisis rather than success.
🛠️ New infrastructure projects
- Companies like Circle and Stripe are developing a private blockchain to support stablecoins.
- Projects like Dinari and Ethena are working on new networks for settling tokenized assets.
