🚀 **Markets today – August 22, 2025**
** Wall Street**
- Dow Jones: +939 points (+2.1 %)
- S&P 500: +1.6 %
- Nasdaq: +1.7–1.9 %
- Russell 2000 (small caps): +3.9 %
**Reason:** Expectations of rate cuts in September after signals from Powell.
** India**
- Nifty 50: −0.6 to −0.85 %, ~24,900
- Sensex: −500 to −700 points, ~81,400
**Reason:** Correction after 6 consecutive days of increases, losses in IT/financials and caution over tariffs and the Fed's speech.
** Cryptocurrencies**
- **Bitcoin (BTC):** ~$116,500 (+3.5 %)
- **Ethereum (ETH):** ~$4,750 (+12 %)
- Altcoins on the rise: XRP +6 %, Solana +8.4 %, Dogecoin +9.4 %
**Final summary:**
Euphoria dominated global markets, with Wall Street and crypto driven by potential rate cuts. In contrast, India remained defensive, marking a pause after a bullish streak.