Weekly Crypto Update: August 11 to August 17

Published On: Sun, 17 Aug 2025 12:03:17 GMT

Last Updated: Fri, 29 Aug 2025 11:46:15 GMT

Weekly Crypto Update: August 11 to August 17

Q: Which tokens were the top gainers of the week?

$ALU (+255%) – Pumped by Kuvi AI’s acquisition of Altura and AI + gaming hype. $OKB (+162%) – Boosted by a $26B token burn improving tokenomics. $EDGE (+152%) – Jumped after entering Coinbase’s top volume list. $GFAL (+41%) – Gained ahead of Diamond Dreams’ global launch. $QUBIC (+34%) – Broke out technically, with chatter boosted by Monero attack news.

Q: Which tokens were the top losers of the week?

$PUBLIC (-54%) – Extreme post-listing volatility with heavy profit-taking. $ZKJ (-35%) – Pulled back after the prior week’s rally. #0x0 (-31%) – Declined on low volumes and fading hype. $GPU (-30%) – Broke down from a bearish triangle pattern. $ALVA (-22%) – Slipped during extended accumulation with no clear catalysts.

Weekly crypto update: BTC and ETH correct sharply, Altcoins move with $ALU, $OKB, and $EDGE among gainers while $PUBLIC and $ZKJ in losers

Chirag Sharma Article

Aug 17, 2025, 12:03 PM UTC

Updated: Aug 29, 2025, 11:46 AM UTC

Author: Chirag Sharma

Market Overview

The week ending August 17, 2025, brought sharp corrections across the crypto market. Bitcoin (BTC) briefly touched $124,000 before retracing to $118,000, while Ethereum (ETH) slipped below $4,800 after peaking past $4,700. The correction wiped out more than $100 billion in total market cap within 24 hours, fueled by policy signals, macroeconomic uncertainty, and technical rejections. Altcoin momentum also cooled. Speculation of an altcoin season faded mid-week as Bitcoin dominance climbed to 55%, dragging liquidity away from mid- and small-cap tokens. The TOTAL3 index signaled overbought conditions, with heavy losses in names like XRP and ADA amplifying trader liquidations. Let’s dive into the price moves of this weekly crypto update.

Top Gainers 📈

$ALU (+255%)

Surged after Kuvi AI acquired Altura.
Renewed optimism around AI + gaming synergy.
Fresh liquidity inflows pushed trading volume to new highs.

$OKB (+162%)

OKX burned $26 billion worth of $OKB.
Strengthened tokenomics drew investor attention.
Market priced in long-term supply squeeze.

$EDGE (+152%)

Entered Coinbase’s top volume list.
Spike in trading activity boosted visibility.

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Traders piled in, betting on momentum.

Building hype ahead of the global launch of Diamond Dreams.
Rising community engagement lifted token activity.
Moderate but steady growth despite market pullback.

Technical breakout drove bullish sentiment.
Narrative reinforced by a reported 51% attack on Monero, increasing Qubic chatter.
Short-term traders capitalized on volatility.

Post-listing volatility kept swings extreme.
Lack of established support zones hurt confidence.
Heavy profit-taking by early buyers.

Corrected after prior week’s pump.
Momentum traders exited positions.
Weak demand at higher levels.

Struggled with low trading volumes.
Minimal news flow to sustain hype.
Gradual decline in liquidity.

Descending triangle pattern confirmed bearish pressure.
Market correction accelerated the breakdown.
Traders shifted capital to majors.

Long accumulation phase continued.
No clear bullish catalysts.
Lost ground as traders rotated elsewhere.

This week’s correction reminded traders that even in a bullish cycle, overheated conditions can reset sharply. The weekly crypto update highlights a market recalibration: Bitcoin reasserted dominance, altcoin hype cooled, and speculative momentum took a hit. Looking forward to this week, the spotlight is on whether BTC can hold $118,000 as support and if ETH can reclaim the $5,000 zone. Sustained strength there could reignite altcoin flows—but failure may deepen the consolidation phase.

Frequently Asked Questions

What happened in the crypto market during the week ending August 17, 2025?

The market faced sharp corrections. Bitcoin fell from $124,000 to $118,000, Ethereum dropped below $4,800, and over $100B in market cap was wiped out in 24 hours due to macro uncertainty and technical rejections.

How did Bitcoin dominance affect altcoins?

Bitcoin dominance rose to 55%, pulling liquidity away from mid- and small-cap tokens. This cooled speculation around an altcoin season, with many altcoins posting heavy losses.

Which tokens were the top gainers of the week?

$ALU (+255%) – Pumped by Kuvi AI’s acquisition of Altura and AI + gaming hype.
$OKB (+162%) – Boosted by a $26B token burn improving tokenomics.
$EDGE (+152%) – Jumped after entering Coinbase’s top volume list.
$GFAL (+41%) – Gained ahead of Diamond Dreams’ global launch.
$QUBIC (+34%) – Broke out technically, with chatter boosted by Monero attack news.

Which tokens were the top losers of the week?

$PUBLIC (-54%) – Extreme post-listing volatility with heavy profit-taking.
$ZKJ (-35%) – Pulled back after the prior week’s rally.
#0x0 (-31%) – Declined on low volumes and fading hype.
$GPU (-30%) – Broke down from a bearish triangle pattern.
$ALVA (-22%) – Slipped during extended accumulation with no clear catalysts.

What does this correction mean for traders?

The correction showed that even in bullish cycles, overheated markets reset sharply. The focus now is whether BTC holds $118,000 support and if ETH can reclaim $5,000. Their performance may decide whether altcoin flows return or consolidation deepens.

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Weekly Crypto Update: August 11 to August 17

Market Overview

Top Gainers 📈

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Top Losers 📉

Closing Thoughts

Frequently Asked Questions

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