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🚨 Crypto Bloodbath: XRP Plunges 6%, ETH Battles at $4.5K as Hot PPI Data Torches Markets | Aug 15, 2025

🚨 Crypto Bloodbath: XRP Plunges 6%, ETH Battles at $4.5K as Hot PPI Data Torches Markets | Aug 15, 2025

Author:
Cryptonews
Published:
2025-08-15 04:01:29
6
3

[LIVE] Crypto News Today: Latest Updates for August 15, 2025 – Crypto Market Slumps on Hot US PPI, XRP Drops 6%, ETH Tests $4.5K

Wall Street's inflation fever hits crypto—again. The August PPI report just dropped like a lead balloon, sending digital assets into a tailspin. Here's the damage report.

XRP takes a nosedive

Ripple's token got wrecked in the sell-off, shedding 6% faster than a hedge fund manager dumps his "long-term hold" bags. Liquidation cascades hit leveraged positions as the SEC's favorite whipping boy underperforms yet again.

Ethereum's $4.5K fortress

ETH bulls dig trenches at the $4,500 support level—because nothing says "store of value" like 20% daily swings. The Merge 2.0 upgrade hype isn't dead yet, but it's wearing a ventilator after this macro gut punch.

Bonus burn: Traders now pricing in 99.9% chance Powell crushes markets at Jackson Hole—because clearly, the Fed loves nothing more than watching crypto degens sweat.

|Square

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