Global markets rose as the Dow Jones (+1.04%), S&P 500 (+0.32%), and Nasdaq (+0.14%) closed higher, extending Wall Street’s record-setting run amid growing certainty of Fed rate cuts with futures now pricing in a 100% probability of at least 25 basis points in September. The 10-year Treasury yield slipped to 4.23% as bond buying accelerated and volatility hit yearly lows with the VIX falling to 14.49, while European markets gained 0.6% led by consumer and healthcare stocks. Cryptocurrencies participated in the risk-on sentiment with Bitcoin setting a new all-time high above $124k and Ether rising 2.8% over the past day to $4,760, supported by lower-for-longer rate expectations and subdued market volatility.
The global crypto market cap reached a new all time high of $4.19tn, and is currently 2.75% higher than 24h ago at $4.15tn, with the 24h volume increasing 13% to $250bn.
- In the past 24 hours, crypto liquidations increased by 16% and totaled $519.54m, with 72% of them short positions. The total value of short positions liquidated surged by 370.5% over the past 24h, while long positions liquidated declined by 60.6%. With ETH breaking through $4600 this morning, ETH dominated the liquidations, accounting for 55.15% of the total, while BTC made up only 7.35%.
- The latest liquidation summary as of August 14, 2025, reveals a decrease in total 24-hour liquidations by 12.8% to $454 million. Notably, long positions liquidated increased by 16% to $167.7 million, while short positions liquidated decreased by 26% to $286.4 million. The dominance of BTC and ETH in liquidations is at 31.4% and 29.3% respectively.
- According to data from SoSo Value, the US Spot BTC ETF market saw an increase in inflows on August 13, 2025, with a daily net inflow of $86.9m, 31.8% higher than the previous day. This influx contributed to the total assets under management reaching $158.6bn. Notably, the daily volume was a substantial $4.97bn, indicating a high level of trading activity. Overall, the market appears to be experiencing a period of heightened interest and investment, with the top ETFs, such as IBIT and FBTC, continuing to dominate the landscape with assets under management of $91bn and $24.8bn, respectively.
- According to data from SoSo Value, US Spot ETH ETF markets saw a notable surge in daily net inflows, reaching $729.1m, the second highest daily inflow to date and a 39.2% increase from the previous day. This significant jump contributed to a weekly net inflow of $2.27bn from August 11 to 13, marking a substantial uptick in investor interest. The total assets under management (AUM) now stand at $29.7bn, with the top ETF, ETHA, holding $15.97bn in AUM and seeing $500.8m in daily volume. While the daily volume of $4.47bn is impressive, the daily inflows so far in August have been quite volatile, ranging from $35m (Aug 6) to $1.02bn (Aug 11) over the past week, suggesting a highly dynamic market environment. Overall, the market’s performance on August 13 indicates a continued investor enthusiasm.
- Open interest in crypto currently stands at $215.21bn.
- The “7 siblings” Ethereum whale group sold $88.2 million in ETH within 15 hours, as short-term traders moved to lock in profits.
- The NFT market cap has surged to $9.3 billion, representing a 40% increase since July, coinciding with Ethereum’s price exceeding $4,600.
- OKB’s value skyrocketed after OKX announced a 65 million token burn, established a fixed 21 million supply, and introduced significant upgrades to its Polygon-powered x Layer network, aiming to stabilize the token’s value and enhance the platform’s performance.
- Metaplanet has outperformed the TOPIX Core 30 Index year-to-date, surpassing the performance of major Japanese corporations like Toyota, Sony, and Mitsubishi that are included in this key benchmark of the country’s stock market.
- Cryptocurrency exchange operator Bullish surged 218% in its NYSE debut on Wednesday, jumping from a $37 IPO price to an intraday high of $118 on volume of 38 million shares, signaling Wall Street’s growing appetite for regulated crypto businesses amid a more favorable regulatory environment for digital asset IPOs.
