Ether ETFs Surge, Tether Hires Adviser, Bitcoin Eyes $1M, Thailand Pilots Crypto Cash, Powell Boosts Markets
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, August 18th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, August 22nd, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $115,562.83 | 1.07% | $116,796.99 |
| ETH | $4,339.40 | 10.82% | $4,809.06 |
| XRP | $2.99 | 3.40% | $3.09 |
| BNB | $839.36 | 6.60% | $894.74 |
| SOL | $182.86 | 8.22% | $197.89 |
| DOGE | $0.22 | 6.47% | $0.24 |
| ADA | $0.91 | 1.97% | $0.93 |
| TON | $3.37 | 0.27% | $3.38 |
| AVAX | $24.09 | 3.69% | $24.98 |
Ether ETFs Lead $3.75B Crypto Inflows
Crypto investment products saw $3.75B in inflows last week, driven mainly by Ether ETFs as ETH neared its $4,700 all-time high. Despite Bitcoin hitting new highs above $124K, Ether dominated the momentum. However, Friday ended with outflows for both BTC and ETH products.
Tether Hires Former White House Crypto Adviser
Stablecoin giant Tether appointed Bo Hines, ex-White House crypto adviser, as strategic adviser to boost its U.S. expansion and navigate regulatory engagement.
Coinbase CEO: Bitcoin Could Hit $1M by 2030
Brian Armstrong, CEO of Coinbase, predicts Bitcoin may reach $1 million per token by 2030, citing growing institutional adoption and favorable U.S. regulations. Current price: ~$116,925.
Thailand Launches Crypto-to-Cash Pilot for Tourists
New program allows travelers to convert Bitcoin to Thai baht instantly via e-payment apps.
Fed Chair Powell’s Speech Boosts Crypto Markets
Bitcoin surged to $116K and XRP rose 3% after Powell hinted at potential interest rate cuts, sparking optimism across crypto markets.
Sources
https://cointelegraph.com/news/crypto-funds-inflows-3-75-billion-ether-etf-trading-volume-record
https://www.coindesk.com/markets/2025/08/22/xrp-zooms-3-as-bitcoin-spikes-on-powell-comments
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