Flipster Crypto Weekly (August 15)

August 15, 2025

Crypto markets saw one of their steepest single-day drops in weeks following key US macro data. Initial jobless claims came in at 224K, just below forecasts and down from 227K, underscoring labor market resilience. Meanwhile, July’s Core PPI jumped 0.9% month-over-month and 3.7% year-over-year, both well above expectations, signaling renewed inflationary pressures. The combination of persistent labor strength and hotter-than-expected price data could reinforce the Federal Reserve’s cautious stance on monetary easing.

Bitcoin (BTC)

Weekly performance: +1.19%

Year-to-date (YTD) performance: +27.03%

Bitcoin (BTC) hit new all-time highs (ATHs) during Thursday’s session, but the rally was short-lived as prices reversed and fell 4.06% by the close. While the sharp pullback is not ideal, BTC managed to find support at the 21-day moving average (MA), a short-term trend indicator, suggesting that, for now, the uptrend remains intact.

Ethereum (ETH)

Weekly performance: +18.46%

Year-to-date (YTD) performance: +38.77%

Despite a broad market sell-off, Ethereum (ETH) is still up more than 8% for the week as of this writing. Since early July, the asset has seen occasional declines and pullbacks, but these have generally been short-lived. Thursday’s reversal may prove to be another brief retracement within the broader uptrend. However, as prices near the ATHs from November 2021, there could be potential resistance and selling pressure.

Solana (SOL)

Weekly performance: +12.13%

Year-to-date (YTD) performance: +3.87%

Solana (SOL) encountered strong resistance at the $200 level, a historically significant barrier that, as recently as last month, it failed to surpass. Whether buying demand is sufficient to break above this level remains to be seen. However, SOL maintains positive momentum, having gained more than 45% in under two months.

Codatta (XNY)

Weekly performance: +528.8%

Year-to-date (YTD) performance: +270.73%

Codatta (XNY), a recent listing, has surged over 40% in the past 24 hours, securing a spot on Flipster’s Top movers list. This strong performance is particularly notable given the broad market sell-off during Thursday’s session. Since its early August lows, XNY has climbed more than 550%, positioning it as one of the standout performers not only on Flipster but across the wider cryptocurrency market.

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