August Recap: The Crypto Market Finally Sees a Full-Scale Comeback
Price Performance:
BTC is up about 25% for the month—one of the rare green Augustes in a bear market; ETH is up more than 32.5%, and SOL has surged 41.4%.
Flows:
BTC spot ETFs saw net inflows of about $3.52 billion in a single month, the strongest in the past year; ETH ETFs pulled in $1.85 billion, and SOL ETFs also reached a new phase high. Daily short liquidations totaled $2.79 billion, setting a historical record.
Policy & Institutions:
Trump said the U.S. is considering large-scale purchases of Bitcoin and altcoins; the CLARITY Act received support from the president, with a Senate vote scheduled for September 15; Russia signed its first law legalizing crypto trading; the ECB is pushing central banks to move currency on-chain; Japan plans to migrate its $1.65 trillion stock-bond market to blockchain; major banks such as JPMorgan have begun exploring proprietary stablecoins; Coinbase allows users to use BTC as collateral to buy a home.
August truly gave the market some relief 🙏
Looking Ahead to September:
The most critical things to watch are the Senate vote outcome for the CLARITY Act on September 15, and whether ETF flows continue to remain net positive. If policies roll out smoothly and institutional buying doesn’t fade, the market may continue its repair; if expectations fall short or macro conditions tighten again, volatility could pick up once more.
In the short term sentiment is relatively positive, but it’s still important to watch for range-bound churn at higher levels and profit-taking. In terms of trading, consider controlling position size and focus on key policy checkpoint $BTC $ETH .
Price Performance:
BTC is up about 25% for the month—one of the rare green Augustes in a bear market; ETH is up more than 32.5%, and SOL has surged 41.4%.
Flows:
BTC spot ETFs saw net inflows of about $3.52 billion in a single month, the strongest in the past year; ETH ETFs pulled in $1.85 billion, and SOL ETFs also reached a new phase high. Daily short liquidations totaled $2.79 billion, setting a historical record.
Policy & Institutions:
Trump said the U.S. is considering large-scale purchases of Bitcoin and altcoins; the CLARITY Act received support from the president, with a Senate vote scheduled for September 15; Russia signed its first law legalizing crypto trading; the ECB is pushing central banks to move currency on-chain; Japan plans to migrate its $1.65 trillion stock-bond market to blockchain; major banks such as JPMorgan have begun exploring proprietary stablecoins; Coinbase allows users to use BTC as collateral to buy a home.
August truly gave the market some relief 🙏
Looking Ahead to September:
The most critical things to watch are the Senate vote outcome for the CLARITY Act on September 15, and whether ETF flows continue to remain net positive. If policies roll out smoothly and institutional buying doesn’t fade, the market may continue its repair; if expectations fall short or macro conditions tighten again, volatility could pick up once more.
In the short term sentiment is relatively positive, but it’s still important to watch for range-bound churn at higher levels and profit-taking. In terms of trading, consider controlling position size and focus on key policy checkpoint $BTC $ETH .