Market Overview & Performance
Bitcoin (BTC)
Weekly drop: Bitcoin has fallen roughly 8%, slipping from a peak around $124,000 to approximately $113,600–$113,700.
Recent decline: A further 1.5% dip came ahead of the Fed meeting minutes, reflecting heightened investor caution.
Ethereum (ETH)
Short-term rebound: Ethereum gained nearly 3% in a day, trading around $4,289.
Pullback volatility: It also fell about 1.6% in another session, with signs of struggle around the $4.1k level.
Solana (SOL)
Modest gains: Solana is up around 3.5% recently, outperforming BTC amid broader market choppiness.
Still in correction mode: SOL is down approximately 2.95–3% over the week.
Current trading levels: Prices hover between $184–$185, with daily volumes of $6–6.6 billion.
Week’s range: Highest near $209, low around $176, signaling mid-week volatility.
Altcoins & Emerging Tokens
XRP is up about 1.2% this week.
Remittix (RTX): A standout performer, with massive 510% gains in 2025, strong presale metrics, and an upcoming BitMart listing. Analysts are calling it a potential “30× crypto” due to its real-world payment utility.
Broader Market Trends & Macro Factors
Fed rate outlook: Investor sentiment is sensitive ahead of Fed Chair Powell's speech. The likelihood of a September rate cut has decreased from 94% to 85%, adding uncertainty.
Institutional action in Asia: Wealthy Asian investors and family offices are increasing crypto exposure, aligning portfolios with evolving regulations. New crypto equity funds are raising millions.
Crypto-policy interplay:
A crypto-focused symposium is happening near Jackson Hole, with attendance from Fed officials and political actors, underscoring the growing intersection of crypto and mainstream finance.
Gemini’s IPO revealed hefty losses (~$282 million) even as grassroots movements push for clearer crypto regulation.
Summary Table
Asset / TrendSummary of This WeekBitcoinNear -8% weekly decline; around $113 KEthereumMixed—short-term gain of ~3%, but volatility persistsSolana (SOL)+3.5% intraday gain; ~-3% on the week, trading ~$184–185Remittix (RTX)Huge traction and hype as a high-utility altcoinMacro & PolicyFed uncertainty, regional institutional inflows, political engagement rising
