Daily Crypto Market Summary – August 22, 2025
Snapshot: Ethereum led the crypto market higher after Fed Chair Jerome Powell hinted a potential policy rate cut as soon as September. Altcoins followed with broad gains, while Bitcoin cooled near the $112K area amid spot ETF outflows. Chainlink printed a new YTD high, and crypto‑linked equities advanced on risk‑on sentiment.
Ethereum Leads on Dovish Fed Signal
ETH rallied nearly 14%, outpacing Bitcoin and most large‑cap altcoins after Chair Jerome Powell signaled that a policy rate cut could come as early as September. Institutional demand also firmed, with weekly inflows to ETH ETFs around $1.8B, reinforcing a risk‑on tilt and pushing liquidity back to smart‑contract blue chips.
XRP Pops on SBI Partnership & Stablecoin Launch
XRP jumped about 8% after Ripple announced a partnership with Japan’s SBI Holdings to distribute RLUSD, a new USD‑based stablecoin. Bulls now eye a re‑test of the $3.39 technical resistance as cross‑border payment narratives re‑emerge across Asia.
Solana & Dogecoin See Double‑Digit Gains
Solana (SOL) climbed over 10% in 24 hours amid renewed demand for high‑throughput L1 exposure and improving DeFi activity. Dogecoin (DOGE) also posted double‑digit gains following reports of a major mining deal linked to a pro‑crypto political group, adding fuel to the meme‑coin complex.
Bitcoin Consolidates Near $112K as ETF Outflows Pick Up
BTC rose nearly 4% intraday but faces consolidation pressure around $111,980 as spot ETF redemptions totaled roughly $1.15B this week. Macro headwinds and profit‑taking are capping upside in the short run even as broader risk assets firm up.
Chainlink Prints Annual High on Certifications & Buyback
LINK rallied about 12% to a new YTD high, supported by fresh security certifications, continued institutional accumulation, and a protocol‑led buyback of ~41K LINK. Oracles remain a core infrastructure bet as on‑chain finance scales.
Crypto Stocks Advance on Fed Pivot Optimism
Shares of crypto‑exposed names including Circle, eToro, Marathon, and Coinbase gained 5–7% after Powell’s comments at Jackson Hole, highlighting the tight coupling between digital assets and U.S. monetary policy shifts.
Market Overview
| Asset | Move (24h) | Notes |
|---|---|---|
| Ethereum (ETH) | +14% | Dovish Fed tone; ~$1.8B weekly ETF inflows |
| Bitcoin (BTC) | +4% | Consolidates near $111,980; ~$1.15B ETF outflows this week |
| Ripple (XRP) | +8% | SBI partnership; RLUSD stablecoin distribution |
| Solana (SOL) | +10% | Renewed demand for L1 throughput; DeFi pick‑up |
| Dogecoin (DOGE) | +11% | Mining deal headlines; meme complex risk‑on |
| Chainlink (LINK) | +12% | Security certifications; ~41K LINK buyback |
| Crypto‑linked equities | +5–7% | Fed pivot optimism; broader risk appetite |
Note: This market wrap is for educational information only and not financial advice. Crypto assets are volatile; trade responsibly.
