XRP gained roughly 16% over 24 hours and 24% on the week, ripping the token out of the $1 basement and slamming it directly into its first major technical wall. Trading around $1.25 after peaking at $1.26 during the session, the asset has punched back above a crucial floor, but the hard work starts right here.
Bitcoin’s move above $72,000 drew sharply different reactions from some of the market’s best-known voices.
The XRP Ledger is considering a lending standard that would allow pooled assets to fund fixed-term loans directly on the network.
Bitcoin rose 12.3% in past 24h to trade near $71,720 on Bitstamp on August 20, climbing above $70,000 and crossing its 50-, 100- and 200-day simple moving averages.
An HTX executive has denied that exchange-controlled accounts were involved in alleged address-poisoning transfers connected to reports of Kraken account restrictions. The same account later said several affected users had regained access.
Hyperscale Data sold approximately 686 BTC for $43.4 million in August and used part of the proceeds to repay all outstanding loans on the Morpho decentralized-finance protocol.
Crypto derivatives positions worth $2.99 billion were forcibly closed over 24 hours, affecting 170,001 traders.
Ethereum surged 19.4% on the day to trade near $2,290, breaking out of its sub-$1,900 consolidation and moving above its 50-, 100- and 200-day simple moving averages.
President Donald Trump used a White House meeting with crypto and financial-market leaders to press Congress for digital-asset market-structure legislation, saying the United States must pass a “fair version” of the Clarity Act to remain ahead of China and other countries.
Ethereum gained about 8% on August 19, reclaiming $2,000 and trading near $2,064 at 15:30 UTC.
The US Treasury will at least double the maximum size of buyback operations for older long-dated bonds, expanding a programme designed to make that part of the government-debt market easier to trade.
Bitcoin fell from its October 2025 record near $126,000 to a June 2026 low around $57,750, a decline of roughly 53%. During that stretch, Robbie Mitchnick, BlackRock’s head of digital assets, argued that the market’s strongest demand had moved elsewhere: into artificial-intelligence companies and the infrastructure built around them.
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