🚀 **Crypto Market Yesterday (Aug 23, 2025)**:

- FED’s dovish tone (likely rate cut in Sept) sparked a 1-hour short squeeze: $247M liquidated.

- **Ethereum** hit a fresh ATH (~$4,885), then consolidated near $4,799.

- Liquidations: ETH shorts alone saw $388M wiped; over $769M across all crypto.

- ETH’s market cap now beats Mastercard at ~$568B.

- **BlackRock** holds more BTC than Coinbase + Binance combined. Institutional tide rising.