Rate Cuts

On August 14, 2025, Bitcoin surged to a new all-time high of $124,100 before dropping 5%, settling under $118,000. Ethereum also dipped 4% to around $4,500, as the total crypto market cap declined nearly 4% to $4.07 trillion. Market optimism over possible Federal Reserve rate cuts in September gave way to concerns following a significant increase in U.S. producer goods prices, affecting analyst confidence.