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#Crypto Market Cap Hits ATH
Bitcoin News Update – August 17, 2025
Altcoin mania heats up
According to CryptoQuant, altcoin liquidations on Binance have now surpassed Bitcoin’s, marking a shift in market activity toward speculative altcoin trading. OKB has surged 130%, while Bitcoin’s dominance is slipping at 59.5%. However, analysts caution this may not yet signal a true "altseason" .
Sentiment turns bullish
The Crypto Fear and Greed Index (CFGI) has climbed to 64, entering "greed" territory—despite broader macroeconomic uncertainty, investor optimism around Bitcoin is on the rise .
Price volatility returns
Bitcoin recently tumbled below $118,000, prompted by inflation fears and roughly $1 billion in leveraged liquidations. This sharp decline underscores how sensitive BTC remains to macro shifts .