📊 #CryptoMarketUpdate
🚀 Bitcoin has rebounded above $117K, fueled by Fed Chair Powell’s hint at a possible rate cut in September.
🔥 Ethereum steals the spotlight—surging 14% to a new all-time high of $4,882, outpacing BTC and other majors.
🐂 Sentiment is shifting fast → Fear & Greed Index jumps to 60 (Greed) as over $380M shorts liquidated.
⚠️ Meanwhile, analysts warn of stablecoin systemic risks, despite adoption crossing $250B.
💡 On the innovation front, VanEck proposes a staked Solana ETF, a big step toward institutional crypto access.
✅ Key Movers:
BTC → $117,200 (+4.2%)
ETH → $4,845 (+14%) ATH 🎉
XRP → +6.4%
SOL → +9.1%
DOGE → +10%
🔎 Trend Watch:
📈 Bullish momentum is heating up.
🏦 Institutions eye new products (SOL ETF).
⚠️ Stablecoins under scrutiny for crisis risks.