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CoinCatch Market Daily Report (August 12, 2025)
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2025-08-12 | 10m
On August 12, Bitcoin and Ethereum consolidate near $118.8K and $4,250 amid profit-taking, while XRP surges 11% on SEC case dismissal as traders await U.S. CPI data. Meanwhile, U.S. spot Ethereum exchange-traded funds surpassed the $1 billion mark in net inflows for the first time on Monday since their launch in July last year. BAGS, the Solana ecosystem's meme coin launch platform, has seen outstanding revenue growth over the past seven days, surpassing the well-known platform letsBonk.fun. The global cryptocurrency market capitalization crossed the $4.1 trillion mark for the first time on August 11.
Crypto Market Overview
The total crypto market cap has decreased by $18 billion in the last 24 hours, following a volatile $100 billion rise and fall. This sharp fluctuation was driven by profit-taking among investors, highlighting the market’s ongoing instability and the potential for continued short-term price movements.
The upcoming US Consumer Price Index (CPI) report is a major factor contributing to investor uncertainty. As a result, TOTAL dropped from $4.03 trillion to $3.91 trillion. Investors should closely watch the CPI data for potential inflationary pressures, which could impact the crypto market.
If the macroeconomic conditions are unfavorable, TOTAL could fall below the $3.89 trillion support level, potentially reaching $3.81 trillion. Conversely, if the financial outlook improves, the market cap could rise past $3.94 trillion, testing the $4.01 trillion mark again.
BTC (-2.77% | Current Price: 118,291.35 USDT):
Bitcoin reversed sharply after failing to hold $122,150, a level near July’s all-time high ($123,091). The price broke below the 50% Fibonacci retracement level ($117,517), with analysts like Michael van de Poppe warning of a test of $116,800 support. MACD histogram flipped negative (-108.24), signaling fading bullish momentum. RSI (58.65) suggests room for further downside before oversold conditions. A drop to $116,800 could liquidate $1.63B in leveraged longs. Sustained closes above $119,737 (pivot point) or below $116,202 (61.8% Fib) for directional confirmation. On August 11, BTC ETFs saw a net inflow of $178.1 million, with $138.2 million flowing into BlackRock’s IBIT and $13 million into Fidelity’s FBTC.
ETH (-0.18% | Current Price: 4292.11 USDT):
ETH closed above $4,330, briefly topped $4,300 early Tuesday before retreating to $4,253 amid consolidation, posting a slight 0.3% intraday dip as traders await U.S. CPI data for directional cues On August 11, ETH ETFs recorded a net daily inflow of $1018.8 million, including $639.8 million into BlackRock’s ETHA and $276.9 million into Fidelity’s FETH.
Altcoins
The broader market rebounded. The Fear & Greed Index rose to 60, still remaining in greed territory.
Macro Data
On August 11, the S&P 500 dropped 0.25% to 6,364.6, the Dow Jones dropped 0.45% to 43,911.31, while the Nasdaq gained 0.36% to 23,484.25. As of 7:45 AM (UTC), spot gold was trading at $3,573 per ounce, up 0.39% in 24 hours.
Trending Tokens
CYBER Cyber (+123.29%, Circulating Market Cap: $197.04 Million)
CYBER is currently priced at $4.21, up 123.29% in the past 24 hours. Cyber, the L2 for social, enables developers to create apps that transform how people connect, create, monetize, and share the value they generate. CyberConnect emerges as a pioneering force within the decentralized social networking sphere, leveraging the robust foundation of blockchain technology to redefine digital interactions. At its core, CyberConnect operates on the CyberConnect Social Graph Protocol, a decentralized framework designed to foster a new era of social connectivity on the web. This initiative is propelled by significant financial backing, amounting to $25 million, underscoring the project's ambition and potential for widespread adoption. Cyber’s v2.1 “Horizon” mainnet went live, introducing modular smart contract execution and reduced gas fees by ~40%. The upgrade targets interoperability with Cosmos SDK chains, aligning with its cross-chain identity vision. This is bullish for CYBER because improved developer infrastructure could accelerate dApp deployment, potentially increasing network utility. However, adoption depends on ecosystem incentives and competitor responses.
ICNT Impossible Cloud Network (+35.33%, Circulating Market Cap: $66.74M)
ICNT is trading at $0.3992, with a 24-hour increase of approximately 35.33%. With its mainnet launched in July 2025 by a team based in Switzerland and Germany, Impossible Cloud Network (ICN) is a decentralized infrastructure protocol designed to support enterprise-grade cloud services. ICN enables permissionless access to distributed hardware resources across storage, compute, and networking. The protocol aims to serve as a foundational infrastructure layer for digital applications, including artificial intelligence platforms, enterprise software, and web services. Decentralized cloud storage tokens rose 18% sector-wide in the past week (The Block), driven by AWS outage concerns and AI data storage demand. ICNT’s Web3-focused infrastructure aligns with this trend, but its 31% single-day gain far outpaces peers like FIL (+9%), raising questions about sustainability.
ALPINE Alpine F1 Team Fan Token (+15.3%, Circulating Market Cap: $30.25 Million)
ALPINE is trading at $1.61, up approximately 15.3% in the past 24 hours. Alpine F1 Team Fan Token (ALPINE) is the first Formula One-themed fan token by Binance — the world's biggest and most popular cryptocurrency exchange. After Binance released its first fan token in LAZIO, the ALPINE token will give fans of the Alpine F1 Team a chance to engage with the racing brand. Binance promises that the token will "revolutionize the fan experience" by allowing fans to: Participate in team voting polls; Hunt digital collectibles and purchase
NFTs; Enjoy gamification features tied to fan rewards or great experiences. Alpine F1 Team’s improved race results or announcements (common catalysts for fan tokens) may have driven speculative buying. ALPINE’s 24h trading volume spiked 33% to $45.9M, signaling heightened activity. Positive team developments typically boost fan token demand, as holders gain voting rights and exclusive perks. The token’s 82% 30-day rise suggests sustained interest.
Market Insights
Ethereum ETFs Break $1 Billion as Wall Street Moves from Curiosity to Conviction
U.S. spot Ethereum exchange-traded funds surpassed the $1 billion mark in net inflows for the first time on Monday since their launch in July last year. "Investors are increasingly recognizing Ethereum's value as both a store of value and a foundational layer for decentralized finance and Web3 innovation," said Nick Ruck, Director of LVRG Research. "This demand reflects growing institutional confidence in ETH's long-term potential."
According to data from SoSoValue, the nine ether ETFs attracted $1.02 billion worth of funds yesterday, led by BlackRock's ETHA, which saw $639.8 million in net inflows. Fidelity's FETH recorded $277 million worth of positive flows, which marks the fund's largest inflows to date. Grayscale's Mini Ether Trust reported $66.57 million in net inflows, while its ETHE attracted $13 million. Other funds from Bitwise, 21Shares, Franklin Templeton and VanEck also saw positive flows on the day. While Monday marks the first time the spot ETH ETFs crossed the $1 billion mark, the funds have seen significant positive flows for an extended period. Since May, spot ether ETFs had over $8 billion worth of net inflows. With Monday's inflows, the cumulative total net inflows into ether ETFs have surpassed $10 billion, standing at $10.83 billion.
Solana Ecosystem Meme Coin Launch Platform BAGS Surpasses letsBonk.fun in Seven-Day Revenue
According to Deflama data, BAGS, the Solana ecosystem's meme coin launch platform, has seen outstanding revenue growth over the past seven days, surpassing the well-known platform letsBonk.fun to become the second-highest-earning platform in the Solana ecosystem, behind only pump.fun. This achievement highlights BAGS's rapid rise in the Solana meme coin market and growing user acceptance.
The BAGS platform's revenue surpassed letsBonk.fun in a short period of time, demonstrating its strong competitiveness and market appeal in the Solana meme coin issuance space. As community-driven, asset-light innovations, meme coins are often associated with high volatility and speculation. The rapid growth of BAGS reflects the market's enthusiasm for emerging social and entertainment crypto assets. As the Solana ecosystem continues to improve, optimizing the user experience while ensuring user security and compliance will be key to the future development of BAGS and similar platforms. Investors should also be aware of the high-risk nature of the meme coin market and participate prudently.
Global Crypto Market Cap Hits $4.1 Trillion All-Time High on Bitcoin and Ethereum Surge
The global cryptocurrency market capitalization crossed the
$4.1 trillion mark for the first time on August 11, marking a historic milestone for the sector once dismissed as a speculative niche. The rally continues after breaking the $4 trillion threshold in mid-July 2025.
Regulatory progress has also bolstered sentiment. In the United States, several digital asset-related bills have passed, paving the way for a clearer compliance framework. This development has reassured institutional and retail investors alike. The market has proven resilient, bouncing back after a $800 million wave of forced liquidation in mid-July. A stable macro environment and clearer rules have strengthened the sector’s durability. Analysts say the sustainability of this growth will depend on continued regulatory development in major economies, the maintenance of favorable macroeconomic conditions, and advancements in blockchain technology. However, one structural challenge remains: moving beyond the sector’s heavy reliance on Bitcoin toward greater diversification across digital assets.
Reference:
CoinMarketCap. (n.d.). CoinMarketCap.
https://coinmarketcap.com
Farside Investors. (n.d.-a). Bitcoin.
https://farside.co.uk/btc/
Farside Investors. (n.d.-b). Ethereum.
https://farside.co.uk/eth/
Investing.com. (n.d.-a). USA Indices.
https://investing.com/indices/usa-indices
Investing.com. (n.d.-b). XAU/USD.
https://investing.com/currencies/xau-usd
GoldPrice.org. (n.d.).
Spot gold price today. Retrieved August 11, 2025, from
https://goldprice.org/spot-gold.html
The Block. (AUGUST 11)
Spot Ethereum ETFs top $1 billion in daily net inflows for the first time.
https://www.theblock.co/post/366486/spot-ethereum-etfs-1-billion
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.
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