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CoinCatch Market Daily Report (August 27, 2025)
Beginner
2025-08-27 | 10m
On August 27, the crypto market rebounded volatilely, and mainstream coins generally rose. Bitcoin rose 0.78% over the last 24h to $110,794, rebounding from a -2.6% weekly dip. Ethereum rose 3.19% over the last 24h, aligning with a broader 9.47% weekly gain. Meanwhile, the total value locked (TVL) of the decentralized lending protocol Aave has exceeded $41.1 billion, a record high. rump Media and Technology Group (DJT) said it agreed to form a joint venture with Crypto.com. Google Cloud recently announced the launch of its proprietary Layer 1 blockchain project, Google Cloud Universal Ledger (GCUL), which has entered the private testnet phase.
Crypto Market Overview
BTC (+0.78% | Current Price: 110,734.95 USDT)
Bitcoin experienced a 0.78% increase today, reaching a peak of $108,762. Notable corporate activity includes GameStop's acquisition of 4,710 BTC for approximately $513 million and Thai firm RSXYZ's $5.8 million fundraising effort aimed at Bitcoin accumulation (BlockBeats), indicating increasing institutional adoption. These developments are consistent with a broader trend, as 228 global organizations now hold Bitcoin as part of their reserves. The cryptocurrency successfully maintained support within the $107,000 to $110,000 range, which aligns with the 200-day simple moving average ($100,931) and the short-term holder cost basis. The 14-day RSI has rebounded from near-oversold levels, now at 42.57. Sustaining the price above the 200-day SMA suggests that the long-term bullish trend remains intact. However, resistance is observed at the 50% Fibonacci retracement level of approximately $116,609. A daily close above $112,500, the high from August 26, could open the path toward a target of $120,000.
On August 26, BTC ETFs saw a net inflow of $88.1 million, with $45.3 million inflow of BlackRock's IBIT and $14.5 million of Fidelity's FBTC.
ETH (+3.19% | Current Price: 4577.43 USDT)
Ethereum gained 3.19%, bringing its price to around 4,500 USDT.
ETH’s recent upward movement toward the $4,500 level (its 2025 high) has created a challenging environment for bearish traders, with approximately $1.35 billion in ETH short positions at risk of liquidation if prices surpass $4,500. The 20% weekly increase has prompted leveraged short positions to cover their trades to avoid losses, resulting in additional upward price momentum. Elevated funding rates (+0.0093% on average) indicate that market participants remain bullish despite the prevalence of overleveraged positions.
Key points to monitor include the $4,500 resistance level—if broken, it could lead to cascading liquidations. ETH has also closed above the 23.6% Fibonacci retracement level at $4,577, supported by bullish MACD divergence and an RSI-14 value of 58, indicating neutral momentum. A breakout above this level would demonstrate strengthening market conditions, especially after ETH/BTC dominance increased to 14.32% from 11.85% last month. A critical metric to consider is sustained trading above the $4,577 support level.
Additionally,
on August 26, US-based spot Ethereum ETFs experienced net inflows totaling $455.0 million, with BlackRock's ETH(A) receiving $323.1 million and Fidelity's FETH recording $85.5 million.
Altcoins
The current cryptocurrency market Fear & Greed Index stands at 47, placing it in the "fear" territory.
Macro Data
On August 26, the S&P 500 gained 0.41%, standing at 6,465.94, the Dow Jones Industrial Average increased by 0.30% to 45,418.07, and the Nasdaq gained 0.44% to 21,544.27. As of 8:00 AM (UTC), spot gold was valued at $3,381.01 per ounce, reflecting a decrease of 0.01% over the past 24 hours.
Trending Tokens
NMR Numeraire (+83.33%, Circulating Market Cap: $112.59 Million)
NMR is trading at $15.1, up approximately 83.33% in the past 24 hours. Numerai is an
Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability. The platform’s main goal is to bring decentralization to the data science field and allow developers to compete in creating effective machine learning prediction models.
As Numerai received a $500 million investment commitment from JPMorgan Chase, NMR broke through $17 and is now trading at $17.66, with a 24-hour increase of more than 120%. NMR’s price broke past the 23.6% Fibonacci retracement level ($14.31) with RSI 14-day at 80.36 (overbought but signaling strong buying pressure) and MACD histogram at +0.45 (bullish divergence from signal line). Short-term traders are chasing momentum, but overextension risks grow. The next resistance is the 38.2% Fib level ($13.05), while a close below $14.31 could trigger profit-taking.
CRO Cronos (+40.1%, Circulating Market Cap: $7.54 Million)
CRO is trading at $0.2245, with a 24-hour increase of approximately 40.1%. Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by Crypto.com payment, trading and financial services company. Trump Media & Technology Group and Yorkville announced plans to create the world’s largest CRO treasury (6.3B CRO, ~19% of supply) as part of a $6.42B strategic partnership. This follows July’s “Crypto Blue Chip ETF” filing, which allocated 5% to CRO. The move signals institutional-scale demand and ties CRO to politically aligned TradFi flows. Custodianship by Crypto.com adds credibility, while the SEC’s delayed decision (Oct 8) keeps speculative interest alive.
LPT Livepeer (+35.11%, Circulating Market Cap: $355.13 Million)
LPT is trading at $8.1, with a 24-hour increase of approximately 35.11%. Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies. LPT broke above the $8.50 resistance level on August 26, a zone that had capped prices since mid-2025. The breakout coincided with a 850% surge in 24h trading volume to $336M, confirming strong buyer conviction. The $8.50 level previously acted as a multi-month accumulation ceiling (Cryptonewsland). A sustained hold above it signals a structural shift. Fibonacci extension targets now point to $9 (127.2%) and $9.50 (161.8%), creating a self-reinforcing rally.
Market Insights
Aave TVL Hits Record High, Approaching the Size of the Top 50 Commercial Banks in the United States
According to DefiLlama data, the total value locked (TVL) of the decentralized lending protocol Aave has exceeded $41.1 billion, a record high. Compared to the traditional financial system, this scale would rank Aave among the 54th largest commercial banks in the United States, surpassing Prosperity Bank, which has $38.4 billion in deposits, and only about $300 million shy of Bank OZK.
Including the $28.9 billion in outstanding loans that day, Aave's total capital base would exceed $70 billion, placing it among the top 37 US banks (ranking in the top 1.7%). Aave founder Stani Kulechov stated that Aave is an open financial network that can provide institutions with a source of income independent of the Federal Reserve, highlighting DeFi's potential as a structural alternative to the traditional financial system. Aave currently maintains a leading position in the DeFi lending sector, controlling approximately 50% of the market's TVL, nearly six times the size of its second-largest competitor, Morpho, reflecting the high level of user and institutional capital invested in its security and stability.
Trump Media, Crypto.com to Build $6.4B CRO Treasury Firm, CRO Jumps 25%
Trump Media and Technology Group (DJT) said it agreed to form a joint venture with Crypto.com that will invest in the exchange's CRO token as a treasury asset and go public by combining it with a special purpose acquisition vehicle.
As part of the agreement, Trump Media will buy about $105 million worth of CRO, roughly 2% of the token’s total market cap, while Crypto.com will buy $50 million in Trump Media stock. CRO surged after the announcement, taking its 24-hour gain to 25%, according to CoinDesk data. It was recently 22% higher at 19.60 cents. DJT shares rose 3.5% to $17.82.
The venture will be called Trump Media Group CRO Strategy Inc. and plans to merge with Yorkville Acquisition Corp (YORK). It will trade under the ticker MCGA, which stands for “Make CRO Great Again,” Crypto.com CEO Kris Marszalek said on X. The company will become the world’s largest holder of CRO with around 6.3 billion tokens, valued at roughly $1 billion at the time of announcement.
Google Cloud Launches Layer 1 Blockchain GCUL, Building Financial-Grade Neutral Infrastructure
Google Cloud recently announced the launch of its proprietary Layer 1 blockchain project, Google Cloud Universal Ledger (GCUL), which has entered the private testnet phase. Designed specifically for financial institutions, the chain emphasizes neutrality, scalability, and 24/7 support for financial markets. It also introduces a unique Python smart contract execution environment, distinguishing it from other Layer 1 blockchain designs that primarily rely on Solidity.
GCUL's core features include native commercial bank on-chain currency support, 24/7 capital markets infrastructure, and scalable payment and agent capabilities. Leveraging Google's extensive network effects in cloud computing, advertising, and Android, GCUL enjoys a natural advantage with billions of users and hundreds of institutional partners. Its "Financial Infrastructure as a Service" positioning makes it a promising new standard for global institutions exploring tokenized assets and on-chain payments. GCUL has already partnered with the Chicago Mercantile Exchange (CME Group) to support a pilot program for tokenized settlement and on-chain payments for commodities. Google plans to release more technical details in the coming months.
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
GoldPrice.org. (n.d.).
Spot gold price today. Retrieved August 11, 2025, from
https://goldprice.org/spot-gold.html
CoinDesk. (2025, August 26).
Trump media,
crypto.com
to build $6.4B CRO treasury firm; CRO jumps 25%.
https://www.coindesk.com/business/2025/08/26/trump-media-crypto-com-to-build-usd6-4b-cro-treasury-firm-cro-jumps-25
Cryptoslate. (n.d.).
Aave reaches $41.1 billion TVL record, equivalent to being the 54th largest US bank.Retrieved August 27, 2025, from
https://cryptoslate.com/aave-reaches-41-1-billion-tvl-record-equivalent-to-being-the-54th-largest-us-bank/
The Block. (n.d.).
Google cloud blockchain GCUL. Retrieved August 27, 2025, from
https://www.theblock.co/post/368399/google-cloud-blockchain-gcul
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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