🚨 CRYPTO NEWS SUMMARY FOR 23/08/2025 🚨
🔥 Ethereum hits new all-time high (ATH)
ETH has surpassed the milestone of 4,880 USD, marking a historic record. The main driving force comes from Fed Chair Jerome Powell's statement about the possibility of interest rate cuts, stimulating the entire crypto market.
💹 Bitcoin & Altcoin surge simultaneously
BTC jumped to around 117,000 USD, while altcoins like Solana, Dogecoin… also rose by 6–10%. Hundreds of millions of USD in short orders have been liquidated, creating a strong short squeeze effect.
🚀 Bitcoin Swift accelerates launch schedule
The Bitcoin Swift (BTC3) project announced it will launch early on 30/8, with presale phase 6 raising over 1 million USD.
📉 XRP lags behind
While the entire market is strongly rising, XRP has dropped nearly 20% in the past 30 days. The SEC's delay in approving the XRP ETF until October has further dampened investor sentiment.
⸻
✅ The market is excited about ETH and BTC, but you should also be cautious with highly volatile meme/altcoins.
👉 What do you think, will ETH break the 5,000 USD mark next week?
#Ethereum #bitcoin #CryptoNews #Altcoin #ATH
🔥 Ethereum hits new all-time high (ATH)
ETH has surpassed the milestone of 4,880 USD, marking a historic record. The main driving force comes from Fed Chair Jerome Powell's statement about the possibility of interest rate cuts, stimulating the entire crypto market.
💹 Bitcoin & Altcoin surge simultaneously
BTC jumped to around 117,000 USD, while altcoins like Solana, Dogecoin… also rose by 6–10%. Hundreds of millions of USD in short orders have been liquidated, creating a strong short squeeze effect.
🚀 Bitcoin Swift accelerates launch schedule
The Bitcoin Swift (BTC3) project announced it will launch early on 30/8, with presale phase 6 raising over 1 million USD.
📉 XRP lags behind
While the entire market is strongly rising, XRP has dropped nearly 20% in the past 30 days. The SEC's delay in approving the XRP ETF until October has further dampened investor sentiment.
⸻
✅ The market is excited about ETH and BTC, but you should also be cautious with highly volatile meme/altcoins.
👉 What do you think, will ETH break the 5,000 USD mark next week?
#Ethereum #bitcoin #CryptoNews #Altcoin #ATH