Cryptocurrency prices today, August 18, 2025, have seen a significant decline, with Bitcoin's price dropping by 2.5% to around $115,401, after surpassing $124,000 last week. Other major coins like Ethereum (ETH) fell by 5.7%, XRP by 5.3%, Solana (SOL) by 6.2%, and Dogecoin (DOGE) by 5.6%.
This decline is attributed to several influential economic factors:
1. Decline in expectations for U.S. interest rate cuts: Recent wholesale price data showed that inflation remains high, reducing the likelihood of the Federal Reserve cutting interest rates in the near future. This has diminished the appeal of high-risk assets such as cryptocurrencies.
2. Statements by the U.S. Treasury Secretary: Treasury Secretary Scott Pisent announced that the United States will not increase its Bitcoin reserves, negatively impacting market sentiment.
Additionally, investors are awaiting statements from Federal Reserve Chairman Jerome Powell at the upcoming Jackson Hole symposium, as well as the minutes from the last Federal Reserve meeting, which are expected to have a significant impact on market trends.
Under these circumstances, investors are advised to exercise caution and monitor economic and political developments that may affect the cryptocurrency market.
