This week, Crypto is experiencing many ups and downs. BTC ▼-1.14%, ETH ▲0.05%and BNB ▼-0.66% The Ethereum ETF influx reaches its peak and hit its highest ever high.

Bitcoin peaked at $124,000 early in the week, falling sharply after unexpected PPI data was released. I was soaked in $115K by the middle of the week before testing my $110,000 support.

Ethereum also fell to $4,000 at the beginning of the week, ahead of its weekend’s highest ever-growing $4,890.

The crypto market capitalization was hovered at $4 trillion XRP ▲0.51% It’s below $3 on Wednesday. link ▼-0.96% The ICE partnership won 25% in the $26 area, surpassing the market. Again, Solana peaked at $201, reaching a massive 107,540 TPS records.

24 hours7d30D1Yeverytime

Discovered: Top Solanamime Coins to Buy in 2025

This week is a crypto roller coaster

The market was calm before he awarded Powell’s Jackson Hole speech yesterday. But after the speech, God’s candles were found everywhere. JPMorgan predicted four rate cuts from September to 2025, bringing the “Crypto” Google searches to higher every year.

The Crypto Services Fed eased bank oversight for Crypto Services, and Japan has approved Stablecoins. Following on, Eric Trump planned a visit to Tokyo’s “Metaplanet” to push Crupto.

Eric Trump is heading for Tokyo.

On September 1st, he will be attending Metaplanet’s shareholders meeting.

A company with $2.1 billion on Bitcoin on balance sheet.

His advice role shows one thing:

Bitcoin interest at institutions is growing worldwide. pic.twitter.com/qwxqq9zvjr

– Sam Morris (@itssamarthur) August 22, 2025

There have been allegations about the Trump family’s coin, raising $320 million, but plunged 88%, raising fraud claims against them.

Next, it was announced that Dutch company AMDAX would be constructing a BTC financial fund to target 1% Bitcoin supply. Other institutions like Metaplanet have pivoted 18,888 BTC and biotechnology as Ethzilla to the ETH Treasury.

Big News also comes from US drug enforcement agencies. According to Forbes, DEA used cryptography to hardly wash $19 million for the cartel.

There was also an update to Terra News, just as Kwon pleaded guilty. The founder of Terra Lab faces 12 years in prison and $19 million forfeiture.

And like other celebrities Crypto Meltdown, Kanye West’s Meme Coin was pumped into a $3 billion cap before crashing mid-week.

Discover: 9+ Best High Risk, High Reward Crypto Buy in 2025

This week’s numbers

The Spot Ethereum ETF initially saw an influx of $729 million, surpassing the $548 million Bitcoin ETF this week. Flows then turned back to a $422 million spill from ETH and a $523 million from BTC, with BlackRock holdings of $104 billion.

Tokenized RWA exceeded $1 billion, AI agents appeared as Ethereum’s top users, and IQAI integration was integrated.

24 hours7d30D1Yeverytime

ERC-8004 proposed an unreliable AI standard for Ethereum. Ethereum hit the highest ever high in transactions and addresses with low gas. 0G Lab has enabled large AI models with high bandwidth.

But not only the TXS count and address, but Ethereum has also been hit so far higher than ever after waiting for many years by ETH Crypto Maxis.

Story Protocol raised $82 million, but the founder resigned. Btcturk lost $23 million in the hack, and Justin Sun challenged Bloomberg on the Billionaires Index.

And… Crypto might soon join the 401(k).

Anthony Scaramucci turned to $180k-$200k btc by the end of the year. CEO Vanar discussed Crypto Future on Nypost. Elon Musk dropped the idea of ​​a political party.

Musk’s Movement: Billionaire Elon Musk is reportedly halting plans to launch a new political party while working to maintain close ties with Vice President J.D. Vance. pic.twitter.com/lhyphlkqau

– Fox News (@foxnews) August 20, 2025

What’s next for Crypto? Join 99bitcoins weekend live coverage here for the most updated crypto news.

Discovered: Top 20 Cryptography to Buy in 2025

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

The US government owns more than $23 billion in crypto

by Akiyama Felix

Data from Arkham shows that US Goveenment holds $23,601,501,480 or more $23 billion in Crypto Assets. Bitcoin is held by the Trump-led US, worth $220 billion and is the largest asset in USDT and Ethereum of $630 million.

(sauce – Arkham Intelligence))

ChainLink could be the most underrated crypto asset

by Akiyama Felix

After a month of running link ▼-0.96% It could be that they are aiming for the highest ever $52. Some analysts believe ChainLink is underestimated, and perhaps it could be right, especially in the booming RWA sector.

do you agree?

This is the most underrated major asset in crypto! $link @ChainLink pic.twitter.com/jcz5zlziwu

– Rypto (@Rypto__) August 23, 2025

Will Pengu Crypto break quickly?

by Akiyama Felix

Pudgy Penguins has evolved from the NFT collection to a cultural force, and Pengu Crypto is always about to break. This project is about cute penguins with real-world goods, like Walmart toys.

Solana Memecoin will reward holders by winning bundles by stakes on community perks. Shortly after its release, it was hit with over 800,000 owners, particularly in the Big Airdrop campaign. Currently trading at around $0.035, Pengu could move forward soon.

Will Pengui blow up the record of the greatest record of next week after warping Pokemon?

A stubborn penguin

price

Market capitalization

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Read the full story here.

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Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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Last updated: 

August 23, 2025

Bitcoin (BTC/USD) is back in the spotlight, trading above $116,000 as multiple global catalysts shape its future. US Federal Reserve Chair Jerome Powell’s rate cut hint has brought optimism, the Philippines is proposing a $1.1 billion Bitcoin reserve and Taiwan’s $72 million crypto crackdown has boosted regulatory trust.

Together, these developments highlight the maturing role of Bitcoin in global finance—both as a hedge and a growth asset. With technical charts also pointing to a potential breakout, traders now eye the path toward $130,000 with renewed confidence.

Taiwan’s $72M Crypto Laundering Case Boosts Market Trust

Taiwanese prosecutors have charged 14 individuals in what they call the country’s largest crypto money laundering case, worth around $72 million. Led by Shi Qiren, the group used unregistered exchanges “CoinW” and “CoinThink Technology” to scam over 1,500 people.

They deposited funds into machines, converted to foreign currency, bought USDT and then moved the money out.

Authorities seized millions in cash, luxury cars, and Bitcoin holdings. Prosecutors are pushing for a $39 million asset seizure, while CoinW denied involvement.

While the case exposed risks in loosely regulated markets, investors view the crackdown as a step toward stronger regulatory trust—likely supportive for Bitcoin in the long run.

Powell’s Jackson Hole Signal Fuels Crypto Rally

Federal Reserve Chair Jerome Powell reignited optimism during his Jackson Hole speech, hinting at an upcoming rate cut. He noted that shifting conditions may “call for adjusting policy,” leading markets to assign a 90% probability of a September reduction.

Bitcoin surged from $112,000 to above $114,700 within minutes, with Ethereum jumping 7% to $4,600. Altcoins including Solana, Dogecoin, and XRP all posted 6%+ gains. Investors had sold heavily earlier in the week but Powell’s dovish comments turned sentiment around.

Rate cuts have historically driven liquidity driven rallies across crypto and traders expect this to be no different.

Philippines Eyes 10,000 BTC National Reserve

Another major development came from Manila. Lawmakers in the Philippines have introduced a bill to create a 10,000 BTC strategic reserve worth $1.1 billion at current prices. The plan would see the Bangko Sentral ng Pilipinas purchase 2,000 BTC annually for five years, holding the coins in trust for 20 years.

Representative Migz Villafuerte framed Bitcoin as “digital gold,” arguing it would strengthen financial security. If approved, the Philippines’ holdings would rival Bhutan’s 10,565 BTC and exceed El Salvador’s 6,276 BTC, a move seen as a strong bullish signal by traders betting on institutional adoption.

Bitcoin Price Prediction – Technical Outlook

The short-term Bitcoin price prediction seems neutral as BTC’s chart below is shaping into a battleground between buyers and sellers.

After sliding into a descending channel in mid-August, BTC has bounced sharply from $112,000 support, reclaiming the 50-period EMA at $115,578. Price briefly tested $117,000, marking an attempt to break the channel’s upper boundary.

A completed harmonic pattern between $124,450 and $105,150 underscores the recent swings. Candlestick action near support produced a bullish hammer, followed by green candles that could evolve into a three white soldiers formation if momentum sustains. RSI has recovered to 55, while MACD shows a bullish crossover with a widening histogram—both reinforcing a constructive outlook.

If Bitcoin clears $117,000 and sustains above $119,000, upside targets emerge at $121,800 and $124,400. A breakout would likely push to $127,500 and possibly $130,000 in the coming months. On the downside $113,500 and $112,000 are key supports.

BTC Potential Trade Setup

A cautious entry above $116,200 with a stop under $112,000 aligns risk and reward. If confirmed BTC could rally to $124,400 and then $130,000 as bullish momentum builds into 2025.

New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation.

By combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.

The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.

Momentum is building quickly. The presale has already crossed $11.3 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012775—but that figure will increase as the presale progresses.

You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.

Click Here to Participate in the Presale

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

August 22, 2025

ChatGPT’s Bitcoin analysis reveals a dramatic recovery to $116,859 following a sharp rally from $112,320 after Fed Chair Jerome Powell hinted at September rate cuts, despite facing $1.17 billion in ETF outflows and institutional selling pressure throughout the week.

At the same time, Bitcoin maintains a bullish structure above all major EMAs, including 20-day ($113,982), 50-day ($115,333), 100-day ($116,164), and 200-day ($115,943) support levels, positioning for a potential breakout toward $120K resistance despite momentum weakening signals.

Bitcoin shows a healthy RSI at 62.75 with MACD remaining bullish at 328.20 but a negative histogram at -903.78, indicating momentum exhaustion, while moderate 10.83K BTC volume suggests institutional participation during the Powell-driven recovery rally.

ChatGPT’s Bitcoin analysis synthesizes 25 real-time technical indicators to assess BTC’s trajectory amid Federal Reserve policy shifts and institutional distribution pressure while navigating altcoin outperformance and market rotation dynamics.

Technical Analysis: Powell Rally Tests EMA Support Structure

Bitcoin’s current price of $116,859.35 reflects a dramatic intraday recovery despite a -4.04% daily decline from the opening price of $112,320.01, establishing a volatile trading range between $116,988.00 (high) and $111,684.79 (low).

This 4.5% intraday range demonstrates extreme volatility following Powell’s dovish comments, triggering risk-on sentiment.

The RSI at 62.75 maintains healthy neutral-bullish positioning without oversold conditions, providing balanced momentum for potential continuation.

Moving averages reveal exceptional bullish positioning with Bitcoin trading above all major EMAs: 20-day at $113,982 (+2.5%), 50-day at $115,333 (+1.3%), 100-day at $116,164 (+0.6%), and 200-day at $115,943 (+0.8%).

MACD shows a strong bullish structure at 328.20, well above zero, with the signal line at -575.59, but a concerning negative histogram at -903.78 suggests significant momentum deterioration.

Volume analysis shows moderate activity at 10.83K BTC, indicating steady institutional participation during Fed-driven volatility.

ATR maintains extremely high readings at 113,152.27, suggesting massive volatility potential for continued significant moves in either direction based on policy developments.

Market Context: Fed Policy Shift Overrides Institutional Distribution

Bitcoin’s recovery follows Fed Chair Jerome Powell’s Jackson Hole comments hinting at September rate cuts, creating risk-on sentiment that overshadowed week-long institutional selling pressure.

The dovish pivot represents a fundamental catalyst as “markets respond at the hint of a rate cut” with potential for amplified moves upon actual implementation.

The broader context reveals institutional distribution challenges with Bitcoin ETFs facing $1.17 billion in outflows while major holders, including BlackRock and other institutions, have been systematically reducing positions.

Despite this selling pressure, Powell’s rate cut signals create renewed institutional interest in risk assets.

Altcoin outperformance demonstrates market rotation dynamics with Ethereum recovering above $4,800 and BNB achieving new all-time highs.

The 2025 trajectory shows resilience from February’s $84,373 low to current $116K levels, representing 38% appreciation.

Current positioning maintains proximity to July-August highs despite institutional selling.

Market Fundamentals: Strong Metrics Despite Distribution Pressure

Bitcoin maintains dominant positioning with $2.32 trillion market cap (+3.31%) despite institutional distribution challenges.

The market cap growth accompanies increased volume at $80.01 billion (+34.12%), indicating active institutional repositioning.

The 3.46% volume-to-market cap ratio suggests heightened trading activity supporting price stability during policy-driven volatility.

Circulating supply of 19.9 million BTC represents 94.8% of the maximum 21 million supply, with approaching scarcity supporting long-term value despite short-term distribution phases.

Market dominance of 61.40% shows slight weakness relative to altcoins during institutional rotation phases, while the -6.39% distance from August 14’s all-time high of $124,457 demonstrates proximity to recent peaks despite selling pressure.

Current pricing maintains extraordinary 239,486,002% gains from 2010 lows while trading near historic highs, validating Bitcoin’s institutional adoption trajectory despite temporary distribution pressures from ETF outflows and institutional profit-taking activities.

Social Sentiment: Exceptional Performance Amid Policy Catalyst

LunarCrush data reveals outstanding social performance with Bitcoin’s AltRank at #1 during Federal Reserve policy developments.

Galaxy Score of 90 reflects strong sentiment as participants process rate cut implications for risk asset positioning.

Engagement metrics show substantial activity with 5 million total engagements (-500K) while mentions surge to 500K (+100K), demonstrating heightened attention during policy catalyst events.

Social dominance of 43.06% maintains exceptional visibility while sentiment registers at a robust 80% positive despite institutional distribution.

Recent social themes focus on Powell’s dovish pivot, with community discussions emphasizing “false breakdown confirmed” and “inverse head and shoulders” technical patterns.

Notable analyst commentary includes predictions of $175K targets and comparisons to historical rate cut cycles, driving Bitcoin appreciation.

Prominent traders are also identifying double-bottom formations and potential for moves above $127K before Q3 ends.

ChatGPT’s Bitcoin Analysis: Fed Policy Catalyst Meets Technical Resistance

ChatGPT’s Bitcoin analysis reveals Bitcoin benefiting from Federal Reserve policy shift despite institutional distribution headwinds.

The recovery above all EMAs following Powell’s comments demonstrates monetary policy’s continued influence on Bitcoin positioning as a risk asset.

Immediate support emerges at the 20-day EMA around $113,982, followed by strong support confluence at 50-day ($115,333) and 100-day ($116,164) EMAs.

The layered EMA support structure provides substantial downside protection during policy-driven volatility phases.

Resistance begins at today’s high around $116,988, followed by psychological $120K–$122K levels.

Volume patterns and MACD signals suggest institutional positioning continues despite surface distribution, while extreme ATR readings indicate potential for significant moves matching Federal Reserve policy implementation phases and institutional rotation dynamics.

Three-Month Bitcoin Price Forecast: Policy-Driven Scenarios

Rate Cut Rally (50% Probability)

Successful September rate cut implementation combined with continued dovish Fed policy could drive Bitcoin toward $125K–$130K, representing 7–11% upside from current levels.

This scenario requires sustained institutional confidence and policy follow-through validation.

Distribution Consolidation (30% Probability)

Continued institutional profit-taking could result in consolidation between $112K–$120K, allowing distribution completion while monetary policy provides underlying support for risk asset positioning.

Technical Correction (20% Probability)

A break below $113K EMA support could trigger selling toward $108K–$110K levels, representing 7–10% downside.

Recovery would depend on the Federal Reserve policy acceleration and institutional distribution completion.

ChatGPT’s Bitcoin Analysis: Monetary Policy Catalyst Meets Distribution Phase

ChatGPT’s Bitcoin analysis reveals that Bitcoin is positioned for a potential policy-driven breakout despite institutional distribution pressures.

The combination of Fed dovish pivot with technical support above all EMAs suggests that monetary policy influence outweighs short-term selling pressure.

Next Price Target: $125K-$130K Within 90 Days

The immediate trajectory requires holding above $113K EMA support to validate policy catalyst strength over distribution pressure.

From there, the September rate cut implementation could propel Bitcoin toward $125K psychological resistance, with sustained dovish policy driving toward $130K+ breakout levels.

However, failure to hold $113K would signal extended consolidation toward $108K–$110K range, creating an accumulation opportunity before the next policy wave drives Bitcoin toward new all-time highs above $125K as monetary conditions become increasingly supportive.

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

June 12, 2025

President Donald Trump has escalated his public feud with Federal Reserve Chair Jerome Powell, branding him a “numbskull” while simultaneously pledging not to fire the central bank chief despite mounting frustration over the Fed’s reluctance to slash interest rates.

Speaking at a White House event Thursday, Trump delivered his harshest criticism of Powell’s monetary policy approach, claiming that lowering rates by just one percentage point could save the United States $300 billion annually, while a two-point reduction would generate $600 billion in savings.

Why Trump Wants to ‘Force Something’

Trump’s latest verbal assault marks the third time in two days that his administration has publicly targeted Powell. It follows similar criticisms from Commerce Secretary Howard Lutnick and Vice President JD Vance, who called the Fed’s stance “monetary malpractice.”

The coordinated pressure campaign came from the administration’s growing impatience with the central bank’s independence, particularly as Trump faces re-election pressures and seeks to demonstrate economic leadership.

Despite repeatedly calling Powell “Too Late” and questioning why firing him would be controversial, Trump stopped short of threatening termination, instead ominously suggesting he “may have to force something” if rate cuts don’t materialize soon.

The timing of Trump’s criticism appears strategic, coming as recent economic indicators show inflation cooling and energy prices declining due to increased domestic drilling under his “drill, baby, drill” energy policy.

Powell’s current term as Fed chair expires in May 2026, and Trump has hinted that an announcement regarding his nominee for the next Fed chair could come soon.

Harvard legal experts suggest that while Trump may have constitutional authority to remove Powell, such a move would likely trigger severe market volatility and undermine the Fed’s credibility as an inflation fighter, potentially causing long-term interest rates to spike even if short-term rates were cut.

Presidential Pressure Campaign Intensifies Fed Independence Debate

The escalating confrontation between Trump and Powell is a fundamental clash over Federal Reserve independence with deep constitutional and economic implications.

Trump’s frustration stems from his belief that the current interest rate environment unnecessarily burdens federal borrowing costs, particularly as the government faces mounting short-term debt obligations approved during the Biden administration.

The president argued that Europe has implemented ten rate cuts while the Fed has delivered none, despite similar economic conditions and falling inflation metrics.

Legal scholars say that while the Federal Reserve Act of 1913 allows governors to be removed “for cause,” the Supreme Court’s recent decisions have gradually eroded the traditional “for cause” protections that independent agencies have enjoyed for 85 years.

Harvard Law School’s Daniel Tarullo, a former Fed Board member, suggests that three conservative justices have hinted at potentially treating the Federal Reserve differently from other agencies, possibly creating a carve-out based on the central bank’s historical precedent dating back to the First and Second Banks of the United States.

However, market dynamics may provide Powell with more protection than legal statutes, as any attempt to remove the Fed chair would likely trigger immediate and severe market reactions that would prove counterproductive to Trump’s economic objectives.

The anticipated market volatility is a powerful disincentive, particularly given that Treasury Secretary Scott Bessent has focused on maintaining stable 10-year Treasury rates, which are key for economic investment decisions.

Recent economic indicators have strengthened Trump’s argument for immediate monetary easing. Inflation data show continued price stability and energy costs declining due to expanded domestic oil production.

The favorable Producer Price Index reading in May has calmed fears about tariff-induced inflation spikes, emboldening the administration to intensify pressure on the Fed while markets increasingly price in potential rate cuts later this year.