Crypto latest news breakdown for August 24, 2025,
๐ Macro & Market Movers
- ๐ Powell Hints at Rate Cut
Fed Chair Jerome Powellโs Jackson Hole speech signaled a possible September rate cut, sparking a brief $BTC rally to $114K before retracing.
- โ๏ธ Ripple vs SEC Case Closed
The U.S. Court of Appeals approved dismissal of all appeals. $XRP is not a security for secondary market trades. Ripple pays $125M fine, clearing path for XRP ETFs.
- ๐ธ $ETH Momentum
Asset managers like Grayscale, Bitwise, and Franklin updated spot XRP ETH filings. Ethereum ETFs saw $2.8B inflows in August, while BTC ETFs faced $1.2B outflows.
๐ก๏ธ Regulation & Adoption
- ๐ต๐ฐ Pakistanโs Crypto Push
Pakistan forms PVARA and Crypto Council to regulate digital assets. Finance Minister Aurangzeb warns of FATF risks from unregulated flows.
- ๐ฆ Institutional Moves
State Street joins J.P. Morganโs Kinexys, launching a $100M tokenized repo platform.
๐ Sentiment & Metrics
- ๐ Fear & Greed Index: 50 โ Neutral
- ๐ฐ Total Market Cap: $3.79Tโ$4.05T range
- ๐ ETH Price: $4,790.93 โ Eyes $5K breakout
- ๐ BTC Price: ~$114K โ Consolidating below $120K
๐ง Analyst Highlights
- John Deaton sees ETH hitting $10K, citing ETF demand and corporate treasury adoption.
- Tom Lee calls ETHโs ETF moment a โChatGPT-level inflectionโ for crypto.
- Fundstrat and Bitmine forecast ETH dominance in DeFi and treasury holdings.
