Flipster Crypto Weekly (August 8)
August 8, 2025
This week, President Trump enacted new “reciprocal” tariffs, raising the average effective rate to approximately 18.3%, and looks to impose a 100% tariff on imported semiconductors, with exemptions for U.S.-based manufacturers. He also nominated Stephen Miran to the Federal Reserve Board following the resignation of Adriana Kugler. Miran’s appointment—given his alignment with Trump’s preference for looser monetary policy—raises the likelihood of interest rate cuts in the coming weeks, as the administration seeks greater influence over Fed decisions.
Bitcoin (BTC)
Weekly performance: +0.69%
Year-to-date (YTD) performance: +24.57%
Bitcoin (BTC) found support at the 50-day moving average (MA) and the $112,000 level over the weekend, halting its recent downward trajectory. Following a strong performance yesterday, during which BTC gained 2.16%, it is now trading back above its short-term MAs, a positive signal that suggests bullish momentum may be returning.
Ethereum (ETH)
Weekly performance: +5.49%
Year-to-date (YTD) performance: +16.89%
Ethereum (ETH) is trading within close range of its all-time highs, reaffirming its position as one of the strongest-performing major altcoins in recent weeks. As the second-largest cryptocurrency by market capitalization, ETH has been a key beneficiary of the growing regulatory clarity in the US. Since its April lows, the asset has rallied more than 170%, reflecting renewed trader confidence and strong demand across institutional and retail segments.
Solana (SOL)
Weekly performance: +1.34%
Year-to-date (YTD) performance: -7.81%
Solana (SOL) briefly dipped below key technical levels last week, including the 50-day and 200-day moving averages and the $164 support zone, before recovering. SOL has since established a higher low and higher high, suggesting a potential shift in market sentiment. This price action may indicate that the decline, which began in late July, has stabilized, though confirmation from continued strength would further validate a trend reversal.
AS Roma Fan Token (ASR)
Weekly performance: +53.8%
Year-to-date (YTD) performance: +313.19%
AS Roma Fan Token (ASR) has surged more than threefold over the past two weeks, underscoring its impressive price performance. The recent rally has been marked by strong upward moves on large green candles and relatively minor pullbacks on smaller red candles—an indication of bullish momentum. ASR’s impressive strength places it among Flipster’s Top movers this week.
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