The crypto market went 🔥 after Fed Chair Jerome Powell hinted at possible rate cuts in September during his Jackson Hole speech. Traders took it as a green light — and prices jumped fast.
📊 Market Highlights (Aug 22, 2025):
Bitcoin ($BTC ) surged to $116,546, up 3.9% in 24h after bouncing from $112K.
Ethereum ($ETH ) exploded past $4,600, hitting $4,843, up 14.5% in a day 🚀.
Solana ($SOL ) climbed 10.5% to $199, while XRP and ADA also spiked nearly 8–9%.
Biggest headline? 👉 Coinbase listed USD1, a Trump-backed stablecoin from World Liberty Financial. Eric Trump teased “more updates soon” 👀. This comes as stablecoin adoption heats up under the new GENIUS Act.
Elsewhere: Ripple plans to launch RLUSD in Japan, while the ECB is testing Ethereum & Solana for its digital euro. Binance, however, faces new regulatory heat in Australia 🇦🇺.
⚡ Bottom Line: Markets are buzzing on Fed hopes + political stablecoin drama. Buckle up — September could be wild.
🔔Follow For More Crypto Insights!
👉 Agree with Powell pump, or is this a bull trap? Drop your take below! 👇
