As of August 20, 2025, Bitcoin (BTC) has dropped to $113,234, a 2.78% decline, with an intraday low of $112,709, per BH NEWS. Ethereum (ETH) fell over 5% to $4,070, testing a critical pivot at $4,200, per. The pullback follows profit-taking and unwinding of leveraged positions, with markets in a wait-and-see mode ahead of key macroeconomic events, per. Kronos Research’s Vincent Liu notes diminished short-term appetite, reflected in fluctuating trading volumes, per.
Spot Bitcoin ETFs saw record inflows in July but slowed in August, with net outflows signaling cautious sentiment, per. Ethereum ETFs mirrored this trend, shifting from initial inflows to recent outflows, per. X posts from @CryptoInsights suggest investors are locking in gains post-BTC’s $124,000 peak, per. The total crypto market cap fell to $3.8T, down 3.5%, with altcoins like XRP ($2.29, down 6%) and Solana (SOL) ($184.50, down 4.4%) also hit, per.
The FOMC minutes release on August 20 and Fed Chair Jerome Powell’s Jackson Hole speech on August 22 are critical, per. Presto Research’s Peter Chung highlights expectations of a 25 bps rate cut in September, with an 85% probability per CME FedWatch, per. A hawkish stance could trigger a sharp decline, while a dovish tone may spark a rally, potentially pushing BTC to $120,000 and ETH to $4,500, per. Core Foundation’s staking integration with Hex Trust supports BTC stability, per.
Monitor ETF flows on CryptoQuant and FOMC updates via federalreserve.gov. BTC support lies at $112,000, with resistance at $120,000, per TradingView. ETH’s $4,200 level is pivotal, per. Dollar-cost average into BTC or ETH with stop-losses below $112,000 and $4,000, respectively, or diversify into USDC, per. Follow @TheBlock__ on X for real-time updates. BTC could hit $150,000 by 2026 if rate cuts materialize, per Techopedia, but volatility persists until Jackson Hole clarity, per.
