"Pumping meme coins while institutions heavily bet on Ethereum โ is this the beginning of the next market cycle?
๐ Cryptocurrency Market Update โ August 17, 2025
The market shows mixed signals today: Bitcoin ($BTC ) and Ethereum ($ETH ) are slightly down, while meme coins are experiencing a significant rise with community enthusiasm. Here's the full analysis ๐
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๐ Market Overview
$BTC โ is trading near $117,600, down -0.06%. It maintains strong support above $117k.
$ETH โ approximately $4,438, down -0.34%. It still outperforms BTC over 90 days ( +79% compared to +14% of BTC).
$SOL โ slight decrease (-2.58%) as traders are shifting funds to meme games and Layer-2 projects.
$ARB โ decreased by 5.85%, indicating weakness in DeFi/L2 tokens today.
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๐ถ The most prominent meme coins
$WIF, $PEPE, $DOGE, $SHIB, $BONK, $FLOKI โ all show double-digit gains with huge trading volume.
$DOGE reached $0.25 earlier today before pulling back slightly. Analysts see a potential long-term target of $0.70 if the momentum continues.
$BONK, $WIF, $PENGU ( Solana memes ) โ momentum slowdown, sideways trading.
$RTX (Remittix) โ Attract attention through the hype surrounding its upcoming listing on CEX.
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๐ฆ Institutional and macro movements
Exchange-traded funds holding Ethereum now have 6.5 million Ether (~29 billion dollars). Weekly volume of exchange-traded funds: 17 billion dollars, indicating increased institutional demand.
Bitcoin Reserve Plan - U.S. Treasury officials exploring budget-neutral BTC reserve using seized assets. A significant signal for mainstream acceptance.
The cryptocurrency market reached a record of $4.1 trillion, with altcoins leading most of the growth.
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๐ฅ Hot topic for today
"Meme coins are advancing today, but the real strength lies behind institutions doubling their investments in Ethereum and the United States contemplating a reserve of Bitcoin. Retail enthusiasm meets institutional confidence - this could shape the next market cycle."
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๐ Pinned comment ( for your post )
> Summary of cryptocurrencies - August 17
$BTC and $ETH are slightly down, but $WIF, $PEPE, $DOGE, $SHIB, $BONK, and $FLOKI are on the rise ๐. Watch $DOGE near $0.25 and the $RTX listing on CEX. Institutional demand for Ethereum and recent BTC reserves discussions are adding long-term bullish momentum.
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Cryptocurrency market
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