[LIVE] This Week’s Tale of Trump and Crypto: PPI Figures, Geopolitical Delays, Institutional Moves, And Discovering the Top Crypto to Purchase

Before Trump showcased the power of the US air force to Putin yesterday, the trading market started with significant enthusiasm, with Bitcoin hovering around the $120,000 mark.

Subsequently, crypto faced a mix of sentiments. BTC hit an all-time high (ATH) of $124k, while ETH soared just 3% short of its ATH, which was followed by 5-6% declines throughout the crypto market.

Resurfacing tensions from geopolitical discussions and regulatory changes have flipped the narrative and sentiment. Crypto-related events unfolded quickly, beginning with the Trump-Putin summit in Alaska, which brought no resolution for the Ukraine situation.

The stalled peace agreement has hindered the possibility of peace rallies. While it has caused slight dips in ETH and Solana, significant PPI numbers pushed crypto to a local low just 2 days prior.

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From Downtrend Alameda Unlock to Trump and WLFI Crypto Acquisition Frenzy

This week, a significant hacking incident involving North Korean entities brought crypto protection concerns to light, resulting in a 10% decline in privacy coins such as Monero. This breach compelled exchanges to enhance their protocols, triggering a $200 million liquidation.

Alameda Research is also tied to a $38 million Solana unlock. Consequently, this contributed to the SOL drop below $200. The unlock has also sparked fears stemming from an FTX black swan occurrence, causing a 7% reduction in alternative coin volumes.

An intriguing development was the update that the Ethereum Foundation liquidated 2,795 ETH. This occurred amid unprecedented ETF inflows, pushing ETH towards testing the $4,500 base level level.

The latest crypto news comes from Trump and his World Liberty Financial crypto wallet. According to Arkham, WLFI has acquired $18.6 million in WBTC and Ethereum, indicating the US president’s faith in crypto.

Unexpectedly high US PPI data at 3.3% likely contributed significantly to the crypto downturn. Concerns over inflation, which may diminish rate-cut possibilities, led to a $1 billion liquidation of long positions.

WOW!

This poses serious risks for Inflation:

The US PPI figures have arrived, and they’re MUCH greater than projected! Headline PPI YoY: 3.3% (expected 2.5%, previous 2.3%).

Let me clarify why this is such a dire situation for inflation.

PPI = Producer Price Index. It’s essentially the wholesale… pic.twitter.com/82tinn8qnz

— Brian Krassenstein (@krassenstein) August 14, 2025

Meanwhile, the Fed’s choice to discontinue its bank-crypto initiative has surfaced as a uptrend counterargument, lifting sentiment towards the end of the week. This deregulation has motivated institutional participation.

Coinbase’s $60 billion acquisition of Deribit serves as another uptrend contrast. Likely influenced by this news, XRP surged by 27%.

Although crypto may be experiencing downturns, BTC remains closer to its ATH than to $100K.

Bitcoin dominance has dipped below 60%, Ethereum has seen record-setting ETF inflows, and the overall crypto market boasts a $4 trillion market cap. The US, with Trump, along with nations like El Salvador and Bukele, are generating optimism about the future of crypto.

So, what is the optimal crypto to purchase this weekend?

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The post [LIVE] This Week’s Trump And Crypto Saga: PPI Data, Geopolitical Stalls, Institutional Plays, And Finding The Best Crypto To Buy appeared first on 99Bitcoins.