Well, well, well, looks like the crypto market decided to throw a rager this week, bouncing back from a measly $3.86 trillion to a cool $4.1 trillion in just three days. 🕺💰 Who needs a social life when you’ve got altcoins making dramatic comebacks?
ETH and BNB Are the Life of the Party 🎉
So, the crypto economy decided to end the week on a high note, almost hitting the $4.1 trillion mark. 🤑 Meanwhile, just three days ago, it was crying in the corner after a sell-off led by bitcoin (BTC) and its moody altcoin friends. But then, Uncle Jerome Powell opened his mouth at Jackson Hole, and suddenly everyone’s dancing again. 💃 His dovish vibes sent ETH and BNB straight to the moon. 🚀
ETH was like, “Hold my beer,” and surged past $4,800 like it was nothing. 🍻 After a sad tumble to $4,080 on Aug. 20, it pulled itself together, traded around $4,200, and then went full Beyoncé on Aug. 22, hitting a new all-time high of $4,890. 💅 But, because nothing gold can stay, it’s now chilling just above $4,700. Still, it joined the cool kids club with BTC, XRP, and BNB, who already hit their highs in 2025. 🌟
Speaking of BNB, it was like the popular kid at the party, climbing to $899.77-another ATH. 🎈 Since Aug. 3, when it was sulking below $740, it’s up 20%, making it the prom queen of altcoins this month. 👑 Unlike ETH, which spilled its drink and lost most of its gains, BNB is still eyeing that $900 mark, and its fans think $1,000 is just a hop, skip, and a jump away. 🤑
Meanwhile, the rest of the altcoins were like, “Us too, us too!” after Powell’s speech, with many posting double-digit gains in 24 hours. 📈 But LINK was the real MVP, up 18.5% over seven days. 🏆 AVAX and SOL were also flexing with 8.9% and 8.4% gains, respectively. 💪
On the flip side, HYPE was the party pooper, closing 7% lower. 🎭 XLM and XRP were also down, by 3.7% and 3.4%, respectively. 😢 And poor BTC, after briefly touching $117,521, slumped back to $115,000, ending the week 1.7% lower. Its dominance dropped to 54.54%, according to Coingecko. 🥴 Guess even kings have off days.
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2025-08-23 18:57