Why Is Crypto Down Today? – August 15, 2025
Main Idea
The crypto market experienced a downturn on August 15, 2025, with most top cryptocurrencies declining, while institutional demand and ETF inflows remained strong.
Key Points
1. The cryptocurrency market capitalization decreased by 2.4% to $4.12 trillion, with over 90% of the top 100 coins declining in value.
2. Bitcoin (BTC) fell 2.4% to $119,043, and Ethereum (ETH) dropped 2.3% to $4,647, while some altcoins like Dogecoin (DOGE) and Cardano (ADA) saw larger declines.
3. Institutional demand remained strong, with US BTC spot ETFs recording inflows of $230.93 million and US ETH ETFs seeing $639.61 million in positive flows.
4. Analysts predict Bitcoin could surpass $250,000 by the end of the year, with short-term price movements potentially testing support levels at $115,000 or resistance at $124,600.
5. Market sentiment turned neutral, with the crypto fear and greed index dropping from 68 to 59, indicating uncertainty in market direction.
Description
The crypto market is down today, with more than 90 of the top 100 coins turning red over the past 24 hours. In this time, the cryptocurrency market capitalization has decreased by 2.4% to $4.12 trillion. At the same time, the total crypto trading volume is at $267 billion, the highest it’s been in days. TLDR: Crypto market turns red, with most of the top 100 coins going down; BTC fell 2.4% and ETH is down 2.3%, trading at $119,043 and $4,647, respectively; Bitcoin surpass $250,000 by the end of ...
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