High-Impact Economic Events in August: CPI & PPI (Inflation Reports) — Aug 12–14 CPI YoY (Aug 13) and Producer Price Index (Aug 14) reveal inflation trends. Lower-than-expected readings would ease rate hike concerns, favoring crypto; hotter figures could weigh on risk assets. CryptoDnes.bg+4Medium+4Brave New Coin+4CryptoDnes.bg 3. China–U.S. Tariff Deadline — Aug 12 The 90‑day truce ends. No extension could spook global trade flows and investor sentiment, likely impacting crypto negatively. CoinGape 4. PMI & China Macro Data, UK GDP — Mid‑August Flash PMIs in major economies and UK Q2 GDP figures. Weak macro data often shifts sentiment toward “risk-on” assets like crypto, while strength could do the opposite.investors.com+15Medium+15Kiplinger+15 5. Jackson Hole Symposium — Aug 21–23 (Fed Chair speech ~Aug 25) Jerome Powell’s remarks are closely watched. Dovish cues may spark rallies; hawkish tone could cause reversals in BTC and ETH. Barron's+4Medium+4Investopedia+4 6. Core PCE & Q2 GDP (Second Estimate) — Aug 29 These are the Fed’s favorite gauges. A soft reading may reinforce easing expectations and be bullish for crypto. A strong print may trigger risk-off
Market Overview XRP is currently trading around $2.95, down about 0.6–2.4% in the past 24 hours, depending on the sourceNewsNow+15CoinMarketCap+15The Economic Times+15. It has rallied nearly 35–45% in July, hitting a recent high of $3.60 before settling around $3.00–$3.05TradingViewIndiatimesCrypto Market cap is approximately $173–$178 billion, ranking XRP as the third-largest cryptocurrency by market capitalization Price Drivers & Technical Outlook Legal catalyst: A critical update in the Ripple vs. SEC case is due on August 15, 2025. A favorable outcome may authorize wider institutional XRP adoption and potentially trigger spot XRP ETFs Crypto Basic+5Brave New Coin+5TradingView+5. Market sentiment: Optimism around a dovish Fed rate cut in September is buoying cryptocurrencies, encouraging risk-on positioning across the board Barron's+1. Whale activity: Significant accumulation by large holders (~$60M plus) has added to bullish momentum, though some on-chain data indicates profit-taking among smart money TradingView+1. Technical indicators: Support level: $3.00, with secondary support around $2.60–$2.83.Resistance: Recent highs of $3.60–$3.84; next breakout targets could be $4.00–$5.50, or even higher under bullish scenarios . Patterns: Analysts note a repeating fractal structure that previously preceded a ~70% rally in early 2025, hinting at similar upside potential #Xrp🔥🔥 #SEC #Binance
Price and Market Overview • Bitcoin is currently trading around $114,100 – $114,600 USD, stabilizing just under the recent all-time high near $123,000 in mid-July 2025. Market cap is approximately $2.27 trillion.   • Volume remains robust at ~$59B–60B over the past 24 hours, reflecting healthy trading activity.
📉 Sentiment & Technical Outlook • Trading sentiment is showing increased caution: demand for downside protection has risen as traders hedge against volatility. Some technical analysis suggests a potential dip to the $109K area before new upside momentum materializes.  • However, broader market sentiment has a modestly bullish tone, supported by expectations of a U.S. Federal Reserve rate cut in September, which could lift crypto assets. #btcupdates #Binance