🔥 Crypto Market Update – Aug 23, 2025
📈 Market Surge
Crypto market cap tops $4T after Fed hints at possible rate cut.
Investor optimism pushes BTC, ETH, and altcoins higher.
💎 Ethereum Hits ATH
ETH surpasses $4,878.
Surge driven by market optimism and risk-on sentiment.
🐶 Shiba Inu Gains
Meme coin rallies amid broader market upswing.
Speculative hype continues; caution advised.
🏦 VanEck Solana ETF
VanEck files proposal for staked SOL ETF.
Shows growing institutional interest in Solana & DeFi.
🧾 IRS Crypto Head Resigns
Raises questions on future crypto regulations.
Could impact enforcement & policy decisions.
💹 Market Snapshot
BTC: $115,505 ↑
ETH: $4,716 ↑
BNB: $887 ↑
XRP: $3.03 ↑
ADA: $0.91 ↑
