Skip to content

Dayly Digest: Cryptocurrencies Showing Signs of a Fiery Rally

Disregarding financial transactions, it's the dynamic movements I'm referring to, and they're undeniably captivating.

Breakfast Briefing: Cryptocurrencies Experience Sizzling Surge
Breakfast Briefing: Cryptocurrencies Experience Sizzling Surge

Dayly Digest: Cryptocurrencies Showing Signs of a Fiery Rally

The cryptocurrency market has been on a rollercoaster ride this August, with numerous positive developments and record-breaking milestones. Following the White House's Digital Assets report and the SEC's Project Crypto, the market has experienced a surge in regulatory clarity and strong market performance, propelling the overall crypto market capitalization to new all-time highs.

Regulatory Advances

The White House, on August 7, 2025, issued a report accompanied by President Trump signing an executive order. This order prohibits regulators from pressuring banks to deny services to lawful crypto businesses, marking an end to what the industry calls “Operation Choke Point 2.0.” The Acting CFTC Chair also announced a regulatory "sprint" to accelerate clearer crypto rules, paving the way for ongoing, clarified governance of digital assets.

Crypto Market Performance

The total cryptocurrency market cap hit a new all-time high of $4.15 trillion on August 13, 2025, surpassing the previous peak from December 2024. Bitcoin rebounded past $124,000 on August 18, setting new all-time highs with sustained speculative appetite reflected by high CME futures funding rates. Ethereum gained market share as Bitcoin dominance decreased to about 59.7%.

Market Sentiment and Key Events

Investors are keeping a close eye on macroeconomic data such as the July CPI inflation figures which will influence Fed interest rate expectations—factors that significantly impact crypto valuations. The ongoing Ripple vs. SEC legal case is also being closely monitored, with potential settlement discussions that could set regulatory precedents.

Current Market Snapshot

As of August 19, 2025, the cryptocurrency market cap was around $3.90 trillion, with mixed trading across major coins. Notable movers include XRP (+2.38%), Ethereum (+0.99%), and Binance Coin (BNB) (+1.64%), while Bitcoin trades around $115,430. The SEC has delayed decisions on key crypto ETFs until October, adding an element of uncertainty but no immediate negative impact.

Noteworthy Events

  • PENDLE saw a 37% increase due to DeFi headlines.
  • Gondi set a new NFT lending record with a $1,000,000 loan.
  • Pump Fun regained 70% share in the Launchpad wars.
  • DigiDaigaku was a top mover in NFTs.
  • Linea's Etherex DEX hit $100M in TVL.
  • The White House has released its Digital Assets report outlining its policy blueprint for integrating crypto into U.S. markets.
  • The Ripple vs. SEC case has finally ended after nearly 5 years of fighting.
  • ETH has broken $4,300 for the first time since December 2021, with significant ETF inflows, ETH TreasuryCo's buying, and BlackRock's lack of interest in other crypto ETFs contributing to the price increase.
  • The SEC has introduced 'Project Crypto', aiming to bring all financial markets onchain and provide the regulatory framework for this.
  • A mystery institution accumulated ~$950M of ETH in the past week.
  • Harvard has disclosed a $116.7M position in BlackRock's spot Bitcoin ETF IBIT in its latest report.
  • The SEC has given the green light to liquid crypto staking, stating that these activities do not represent securities transactions.
  • The ETH / BTC ratio flipped green on the year for the first time.
  • Trump has signed an Executive Order for Crypto in 401(k)s, tapping into the $12.5T Retirement Market for digital assets.
  • LDO and ENA have seen a 50% and 30% increase respectively due to staking news.
  • AERO has seen a 55% increase following news that Coinbase will bring Base tokens and its DEX to its Base app.
  • The ETH ETFs saw $461M in net inflows on Friday.
  • BNB Network Company bought $160M of BNB.
  • The CryptoPunks floor hit $235k after the rise in ETH.
  • LINK and RAY have seen a 35% and 32% increase respectively due to buybacks.

In summary, the combination of clearer regulatory frameworks emerging from the White House initiatives and the SEC’s Project Crypto, together with positive price action and institutional participation, have contributed to a bullish and stable sentiment in the crypto market through mid-August 2025.

Read also:

Latest