🔹 Science of Blockchain Conference (SBC’25) – Aug 4–6, Berkeley, USA 🔹 Canada–Africa Fintech Summit – Aug 5–8, Toronto, Canada 🔹 Blockchain.RIO 2025 – Aug 6–7, Brazil 🔹 Crypto 2025 (IACR) – Aug 17–21, Santa Barbara, USA 🔹 AsiaJCIS 2025 – Aug 19–20, Seoul 🔹 WISA 2025 – Aug 20–22, Jeju 🔹 APKC + FLAsiaCCS Workshops – Aug 26, Hanoi 🔹 Blockchain Life 2025 – Oct 28–29, Dubai 🔹 Blockchain Africa Conference – Oct 30, South Africa
📊 Market Highlights • US spot BTC & ETH ETFs hit record $39.3B volume. • Deribit launches USDC options this week. • Crypto.com expands custodial services. • Wyoming Blockchain Symposium gathering top execs & policymakers.
1️⃣ Hotter-Than-Expected Inflation Data (PPI) On August 18, 2025, the U.S. Producer Price Index (PPI) for July came in at 3.3% YoY, higher than June’s numbers and above economist forecasts (~3.0%). This sparked fears that the Federal Reserve may delay rate cuts, causing immediate bearish sentiment in crypto markets.
2️⃣ Massive Liquidations The PPI shock triggered a liquidation cascade: • $1B+ in crypto positions were wiped out in 24 hours. • $538M–$565M in long positions liquidated in just one hour. • Bitcoin traders lost $100M+, while Ethereum traders lost $200M+.
3️⃣ Technical Breakdown & Trend Reversal • Bearish candlestick signals appeared: a shooting star and possible evening star pattern in the total crypto market cap. • Bitcoin broke down from an ascending wedge, a classically bearish formation. • On shorter timeframes, BTC lost its 100-hour MA (~$118K) and failed to reclaim support, fueling further downside.
4️⃣ Profit-Taking & Macro Uncertainty • Bitcoin had just set a new ATH near $124K. Many whales took profit amid macro jitters. • Inflation concerns + unclear Fed policy (with Jackson Hole symposium ahead) weighed heavily on risk-on assets like crypto.
5️⃣ Historical Seasonal Pattern Analysts like Benjamin Cowen highlight that in past Bitcoin halving cycles, July–August rallies were often followed by sharp September corrections—and this pattern may be repeating.
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⚡ In short: macro fears + massive liquidations + bearish technicals + profit-taking = the perfect storm.#BinanceAlphaAlert