Latest Crypto News, August 15 – Why Is Crypto Down Today? U.S. July PPI Surges, Triggers Crypto Market Sell-Off: Best Crypto To Buy During This Dip?

Let’s try to answer because the cryptocurrency market is down today. Yesterday, the price index of the US producer (PPI) for July increased by 0.9% of month on month and 3.3% on an annual basis, much above forecast by 0.2% and 2.5%. It was the largest monthly leap from June 2022, fueled by the increase in service costs in wholesale trade, portfolio costs, hospitality and freight transport, together with higher prices for vegetables and meat. The highest data of the expected have renewed the concerns for inflation, dampening the hopes for a cut of the federal reserve rate and pushing operators to re -evaluate the best cryptocurrency to be purchased in an environment more at risk.

The cryptographic markets reacted immediately. Bitcoin slipped by 5.88% less than $ 117,200, decreasing from recent maximums of all time, while Ethereum has fallen by almost 7%, immersing themselves briefly below $ 4,500. The meme coins have undergone the heaviest blow: pepper, SPX6900 and Fartcoin fell over 10%, dragging the sector down 8.62% in 24 hours. XRP dropped by 6.4% to $ 3.12. Over $ 1 billion in long positions have been liquidated within an hour.

Crypt bets to buy as the BTC price recovers $ 119k

(Btcusdt)

At the same time, some projects are still pumped. Skale increased by almost 48%, distinguishing themselves in an otherwise red market.

Explore: the hottest of 12+ presales to buy right now

PPI Outpaces CPI – Should cryptographic investors worry or seek the best cryptocurrency to buy?

CPI reflects consumer prices, while the production costs measures. When the PPI increases faster than the CPI, premises profit margins and reports potential inflation: generally a bearish for actions. For cryptocurrency, the connection is weaker. As a class of high volatility activities, at risk, market drivers such as strong narratives, retail and memecoin speculation can overcome macro-ventures.

In 2021, for example, PPI went up sharply but BTC and Eth continued a parabolic manifestation, supported by liquidity and institutional inflows.

Bitcoin has recovered $ 118k, Ethereum has returned over $ 4.6k and the mood of the market tilts the purchase of a dip yesterday. So what are the latest encryption updates for August 15?

1 day ago

Federal Reserve to End Special Crypto and Fintech Oversight Program

Fatima

From Fatima

The Federal Reserve has announced that it will suspend its “new activities” supervision program, which has monitored banks engaged in encryption and Fintech activities. Launched to supervise emerging banking practices not completely covered by traditional rules, the program has provided further indications and control for banks that explore digital activities and innovative financial technologies.

With the end of the program, banks will no longer receive this specialized supervision, although they remain subject to standard regulatory requirements. The move indicates a change in the FED approach to Crypto and Fintech supervision, potentially giving greater flexibility to banks while maintaining basic safety and compliance standards.

2 days ago

Sharplink Reports Q2 2025 Results, now holds 728,804 Eth

Fatima

From Fatima

Minneapolis, 15 August 2025 – Sharplink Gaming reported results and updates of the second quarter 2025 on its strategy of the ETH treasure strategy. Since he adopted Ether as the primary treasure activity in June, Sharplink has collected over $ 2.6 billion, has acquired 728,804 Eth and stakes almost all participations, generating 1.326 Eth in prizes. The company also increased its 98%ETH concentration metric, reflecting efficient accumulation.

Sharplink has strengthened his leadership with the co-founder of Ethereum Joseph Lubin as president and former manager of Blackrock Joseph Chalom as Co-Cece, collaborating with consenting for strategic support. The entries of the D2 were $ 0.7 million, with a net loss of $ 103.4 million, largely from a non -monetary compensation and a loss of value of $ 87.8 million on the ET.

2 days ago

Useless memecoin gets Binance Futures List after coinbase and binance us

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From Fatima

Binance Futures will list the perpetual contract useless on August 15th at 20:15 (UTC+8), offering a financial lever up to 50x. This list follows the recent ads of Coinbase and Binance US, which have already increased the volume of visibility and trading of useless.

Like the largest memecoin for market capitalization launched on Bonkfun, useless has quickly attracted attention to the cryptocurrency community. With several important lists of exchanges in such a short time, it is useless to cement its presence as the leader of Memecoin in Solana in the current market.

2 days ago

$ 6 billion in BTC options and ETH expire on August 15th

Fatima

From Fatima

On August 15, $ 6 billion of crypt options expired, which represent about 9% of the total open interest. For Bitcoin, 39,000 options have expired with a PUT/call ratio of 0.95, a maximum pain at $ 118,000 and a notional value of $ 4.6 billion. Ethereum saw 280,000 options expire, with a PUT/call ratio of 1.04, a maximum pain at $ 4,000 and a notional value of $ 1.3 billion.

BTC has recently reached a new maximum, while Eth has reached a historic maximum close to $ 4,800, with an extremely optimistic market feeling. Deribit has set a milestone this week, elaborating $ 10.9 billion in options negotiation in one day, his first after acquisition. BTC’s implicit volatility remains low, below 35% for short and medium -term options, while Eth’s main IV is located close to 70%.

2 days ago

Okx performs a huge OKB burning, the offer now limited to 21 million

Fatima

From Fatima

According to Etherscan Data, Okx’s official buy-back and Bruciano wallet permanently removed 279 million Okb token from circulation today at 14:00 (UTC+8). The tokens were sent to the null address of the Blockchain (0x00 … 0000), marking a burn on the verifiable chain. This move reduces the total OKB offer to only 21 million tokens, aligning it with the limited model of Bitcoin and potentially increasing the scarcity for the owners.

The latest news of the post Crypto, on August 15 – Why is the cryptocurrency down today? US July PPI Surges, triggers the Sell-Off of the cryptocurrency market: the best cryptocurrency to buy during this dip? He appeared first out of 99bitcoin.

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