The global cryptocurrency market cap now stands at $3.90T, up by 0.76% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $112,566 and $115,876 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $113,800, down by -1.41%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OGN, MEME, and RARE, up by 30%, 16%, and 11%, respectively. Top stories of the day: Bitcoin News: Why Bitcoin Crash to $112K Could Be the Next Key Level? Altcoin News: Google Search Interest for ‘Alt Season’ Plunges Over 50% in a Week Strategy's Stock Hits Four-Month Low Amid Bitcoin Decline and Policy Changes Anthony Scaramucci Maintains Bitcoin Price Target Despite Market Fluctuations Altcoin Season Index Declines to 45, Indicating Shift in Market Dynamics SEC Delays Decision on Canary XRP Trust Application Trump Urges Powell to Cut Interest Rates Amid Real Estate Concerns U.S. Expands Steel and Aluminum Tariff List to Include 407 Product Categories Bipartisan Support Anticipated for U.S. Digital Asset Legislation Financial Lobby Groups Urge Reevaluation of Upcoming Crypto Banking Regulations Market movers: ETH: $4222.55 (-1.32%) XRP: $2.8955 (-4.04%) BNB: $832.13 (-1.39%) SOL: $181.56 (-0.18%) DOGE: $0.21402 (-2.27%) TRX: $0.35 (+0.09%) ADA: $0.8548 (-7.62%) LINK: $25.05 (+3.21%) WBTC: $113799.31 (-1.39%) XLM: $0.3988 (-2.25%) Top gainers on Binance: OGN/USDT (+30%) MEME/USDT (+16%) RARE/USDT (+11%)

Liquidations on market crawling up, suggest little-to-no traction source: https://u.today/450-million-gone-bitcoin-ethereum-xrp-take-damage

Spot Bitcoin ETF outflows jumped over 300% to $533 million on Tuesday, while Ether ETFs doubled their losses to $422 million, adding to a three-day streak of withdrawals. source: https://cointelegraph.com/news/crypto-funds-bleed-bitcoin-outflows-surge-5x-ether-outflows-double?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Eight major financial industry associations wrote an email to global regulators asking them to pause the rollout of strict crypto banking rules. They claimed that the laws could lock traditional lenders out of a $2. 8 trillion digital asset market. The trade groups, including the Global Financial Markets Association, Institute of International Finance, Financial Services Forum, […] source: https://www.cryptopolitan.com/wall-street-trade-groups-basel-crypto-rules/

Bitcoin maximalists often argue that Bitcoin is the only cryptocurrency worth investing in and that all other altcoins are inferior or even scams. However, this perspective overlooks the significant potential and innovative advancements that many altcoins bring to the table. Altcoins, with their diverse use cases and technologies, are not just mere copies of Bitcoin; they often introduce unique features and solutions that can address specific problems within the blockchain ecosystem. From advanced smart contracts and decentralized finance (DeFi) applications to innovative governance models and enhanced transaction speeds, it is clear that altcoins could very well be the true drivers of innovation in the cryptocurrency space. Ignoring these developments may lead to missed opportunities and a narrow understanding of the future of digital currencies and their impact on the global economy. source: https://voiceofcrypto.online/news/bitcoin-maxis-wrong-altcoins-innovation-drivers

Illinois Governor JB Pritzker pointed his fingers at President Donald Trump, calling him responsible for the degrading of the crypto laws in the United States after letting so-called "Crypto bros" write the federal policy.

According to TechFlow, on August 20, blockchain analytics platform Lookonchain reported that a significant investor, often referred to as a 'whale,' acquired 200 Bitcoin (BTC) approximately five hours ago, valued at around $22.72 million. Over the past month, this whale has accumulated a total of 1,721 BTC, amounting to $196 million, through transactions with FalconX.

Key Insights Bitcoin price traded at $114,000 on August 20, 2025, with the Crypto Fear & Greed Index showing 56. This reading places the market mood in the “Greed” zone. Glassnode data pointed to rising demand among new and committed buyers, while institutions adjusted holdings during the recent price swings source: https://www.thecoinrepublic.com/2025/08/20/crypto-market-greed-is-back-as-bitcoin-price-forms-support-at-115000/

Dogecoin, the popular cryptocurrency that started as a meme, has experienced a notable decline in its value, slipping down to $0.218. This drop can be attributed to a combination of weak market momentum and a decrease in the excitement surrounding the coin, suggesting that it may soon test the support level at $0.18 again. As investors become increasingly cautious and the initial enthusiasm wanes, analysts are closely monitoring the situation for further potential downturns. source: https://blocknews.com/dogecoin-slips-to-0-218-as-weak-momentum-and-fading-hype-signal-0-18-retest/

Kenneth Rogoff, former Chief Economist at the International Monetary Fund, on Tuesday evaluated his failed 2018 projection that Bitcoin (CRYPTO: BTC) would be worth $100 rather than $100,000 within a decade. source: https://www.benzinga.com/crypto/cryptocurrency/25/08/47228525/ex-imf-economist-kenneth-rogoff-explains-why-his-bitcoin-crash-call-fell-flat-blames-everyone-but-himself-for-missing-it-says-anthony-pompliano?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

In a market update on August 19 titled “Key Altcoins To Watch Right Now,” crypto analyst Cryptoinsightuk argues that conditions are improving for a fresh leg higher in altcoins as Bitcoin dominance shows signs of easing. “The last few days and in the newsletter I’ve discussed my long-term thesis around Bitcoin dominance dropping [and] that altcoins are going to take the next leg up,” he said, adding that, at current levels across majors, “risk–reward for long positions is very good here. ” He anchors the view in a recurring intraday structure he says is visible across Bitcoin and multiple large caps: a range forms, the lows are swept, the highs are swept, price returns to the range lows, and momentum begins to base. On Bitcoin specifically, he notes that “RSI on [the] 4-hourly looks like it could turn up,” while acknowledging that short-term direction could still be shaped by the US equity open and broader macro headlines source: https://www.newsbtc.com/news/crypto-analyst-key-altcoins-to-watch-right-now/

As competition in the AI field becomes increasingly fierce, TeraWulf's development footprint is providing a transformation model for more crypto mining companies.

A viral craze sparked by Zora allowed Base to surpass Pump.fun and LetsBonk, but Solana still leads in terms of users, transaction volume, and overall activity.

Fed official Michelle Bowman has called for staff to be allowed to hold small amounts of crypto, saying direct use would improve oversight. She argued the ban harms recruitment and urged regulators to take a more open approach to new technologies like blockchain.

Bitcoin investors could be overlooking the impact of a more dovish Federal Reserve—an outcome that hinges on who President Donald Trump appoints to succeed Jerome Powell as Fed Chair, according to economist Alex Krüger.

What is Ethereum's withdrawal queue mechanism? How does it work? What is its significance?

Circle has acquired the Malachite consensus engine from Informal Systems to power its new Arc blockchain for stablecoin payments. The move aims to speed up transactions, keep Malachite open-source, and support developers building financial applications on Web3.

The US president seeks votes, while the Federal Reserve maintains its credibility. The incompatibility of the two is a true reflection of the functioning of the American system.

In the article, Tiger Research analyzed potential scenarios for Upbit and Bithumb to launch their own blockchains.

A federal magistrate in Texas has recommended dismissal of YouTuber Logan Paul from a proposed class-action lawsuit concerning the failed NFT venture CryptoZoo