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Bitcoin and Altcoins: What's Happening in the Crypto Market

Bitcoin and Altcoins: What's Happening in the Crypto Market

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by Giorgi Kostiuk

2 hours ago


This week, the cryptocurrency market witnessed Bitcoin breaking its all-time high, but also a decline following negative US inflation data.

Market Price Trends

This week, Bitcoin's price reached an all-time high above $117,000. However, a market decline followed the release of negative inflation data from the US.

Token Unlock Calendar

In the coming days, a significant number of token unlocks for various altcoins are expected. Here is the list of upcoming unlocks:

- **Fusionist (ACE)**: $1.71 million unlock (4.19% of market value) on August 18, 2025. - **Tanssi (TANSSI)**: $1.20 million unlock (13.54% of market value) on August 18, 2025. - **Merlin Chain (MERL)**: $4.15 million unlock (3.78% of market value) on August 19, 2025. - **Polyhedra Network (ZKJ)**: $3.21 million unlock (4.57% of market value) on August 19, 2025. - **Pixels (PIXEL)**: $3.21 million unlock (3.04% of market value) on August 19, 2025, at 1:00 PM. - **Kaito (KAITO)**: $18.73 million unlock (6.90% of market value) on August 20, 2025. - **Orbiter Finance (OBT)**: $1.06 million unlock (3.77% of market value) on August 20, 2025. - **LayerZero (ZRO)**: $52.74 million unlock (22.20% of market value) on August 20, 2025, at 6:00 PM. - **Plume (PLUME)**: $23.28 million unlock (9.04% of market value) on August 21, 2025. - **Space ID (ID)**: $2.11 million unlock (1.16% of market value) on August 22, 2025, at 11:00 PM. - **AnimeCoin (ANIME)**: $1.18 million unlock (1.18% of market value) on August 23, 2025. - **Available**: $4.16 million unlock (6.69% of market value) on August 23, 2025. - **Newton Protocol (NEWT)**: $2.07 million unlock (2.91% of market value) on August 24, 2025. - **Initia (INIT)**: $1.02 million unlock (1.53% of market value) on August 24, 2025. - **SoSoValue (SOSO)**: $3.72 million unlock (5.88% of market value) on August 24, 2025.

Conclusion on Current Market Situation

The current state of the cryptocurrency market remains volatile. Despite Bitcoin's all-time high, negative factors like poor inflation data may impact future capitalization and price dynamics. Investors need to remain cautious and monitor market changes.

The cryptocurrency market has shown significant fluctuations in recent days, and understanding the current situation may assist investors in making informed decisions.

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