Daily Market Report — August 14, 2025
Crypto markets traded higher over the past 24 hours, with total market capitalization climbing to $159.48 billion. Sentiment strengthened as the Fear & Greed Index rose to 68 (Greed). Bitcoin (BTC) led the gains, rising 3.31% to close at $123,369.49, after testing a high of $124,474.01 and a low of $118,934.00. Ethereum (ETH) also advanced, adding 3.19% to finish at $4,726.25, moving within a range of $4,570.77 to $4,783.84. Futures positioning remained slightly skewed toward shorts, with BTC at 49.28% long vs 50.72% short and ETH at 49.08% long vs 50.92% short.
Select altcoins outperformed sharply. CRYV jumped 43.99%, BTCF gained 40.03%, and OSTRA rose 33.33%, reflecting concentrated speculative interest in niche assets.
Macroeconomic expectations tilted dovish as CME Fed Watch priced a 100% probability of a 25 basis point rate cut in September, while former President Trump called for lowering rates by another three to four percentage points.
In the corporate space, MetaMask revealed partnerships with Bridge and Blackstone and is expected to announce its stablecoin mUSD this week. Coinbase added Useless Coin (USELESS) to its asset listing roadmap, and Justin Sun filed a lawsuit against Bloomberg over the alleged publication of sensitive financial information.
On the market milestone front, Bitcoin briefly surpassed $124,000, setting a new high, while El Salvador’s daily BTC buying strategy yielded an estimated $66 million in unrealized gains. Additionally, Bitcoin’s market capitalization overtook Google’s parent company Alphabet, entering the ranks of the world’s top five assets by market value.
Owen
