{"id":42370,"date":"2025-08-15T12:02:56","date_gmt":"2025-08-15T12:02:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42370"},"modified":"2025-08-15T12:02:56","modified_gmt":"2025-08-15T12:02:56","slug":"live-latest-crypto-news-august-15-why-is-crypto-down-today-u-s-july-ppi-surges-triggers-crypto-market-sell-off-best-crypto-to-buy-during-this-dip","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42370","title":{"rendered":"[LIVE] Latest Crypto News, August 15 \u2013 Why Is Crypto Down Today? U.S. July PPI Surges, Triggers Crypto Market Sell-Off: Best Crypto To Buy During This Dip?"},"content":{"rendered":"<div>\n<p>Let\u2019s try to answer why the crypto market is down today. Yesterday, the U.S. Producer Price Index (PPI) for July rose 0.9% month-over-month and 3.3% year-over-year, far above forecasts of 0.2% and 2.5%. It was the largest monthly jump since June 2022, fueled by rising service costs in machinery wholesaling, portfolio fees, hospitality, and freight, alongside higher prices for vegetables and meat. The higher-than-expected data renewed inflation concerns, dampening hopes for a Federal Reserve rate cut and prompting traders to reassess the best crypto to buy in a more risk-off environment.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BRUTAL: Producer Price Index (PPI) surges to 3.3% YoY in July, far exceeding expectations. Core PPI up 3.7%. Trump\u2019s tariffs on imports are driving up wholesale costs, signaling even higher prices for consumers.<\/p>\n<p>\u2014 MeidasTouch (@MeidasTouch) <a href=\"https:\/\/twitter.com\/MeidasTouch\/status\/1956001839368798638?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Crypto markets reacted immediately. Bitcoin slid 5.88% to under $117,200, down from recent all-time highs, while Ethereum fell nearly 7%, briefly dipping below $4,500. Meme coins took the heaviest hit: PEPE, SPX6900, and Fartcoin each plunged over 10%, dragging the sector down 8.62% in 24 hours. XRP dropped 6.4% to $3.12. Over $1 billion in long positions were liquidated within an hour.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-271740 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729.png\" alt=\"Bets crypto to buy as BTC price reclaims $119K\" width=\"1652\" height=\"1112\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729.png 1652w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729-300x202.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729-1024x689.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729-768x517.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729-1536x1034.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/IMG_0861-1-e1755244707729-50x34.png 50w\" sizes=\"auto, (max-width: 1652px) 100vw, 1652px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT<\/a>)<\/p>\n<p>At the same time, some projects still pumped. SKALE surged nearly 48%, standing out in an otherwise red market.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n<h2>PPI Outpaces CPI \u2013 Should Crypto Investors Worry or Hunt for the Best Crypto to Buy?<\/h2>\n<p>CPI reflects consumer prices, while PPI measures production costs. When PPI rises faster than CPI, it pressures profit margins and signals potential inflation: typically bearish for equities. For crypto, the link is weaker. As a high-volatility, risk-on asset class, market drivers such as strong narratives, retail FOMO, and memecoin speculation can outweigh macro headwinds.<\/p>\n<p>In 2021, for example, PPI climbed sharply yet BTC and ETH continued a parabolic rally, supported by liquidity and institutional inflows.<\/p>\n<p>Bitcoin has reclaimed $118K, Ethereum is back above $4.6K, and the market mood leans toward buying yesterday\u2019s dip. So, what are the latest crypto updates for August 15?<\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\" id=\"article-271935\" data-timestamp=\"1755257690\" data-modified=\"1755257690\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-latest-crypto-news-august-15-why-is-crypto-down-today-u-s-july-ppi-surges-triggers-crypto-market-sell-off-best-crypto-to-buy-during-this-dip\/#article-271935\" target=\"_self\"><br \/>\n\t\t\t22 minutes\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>USELESS Memecoin Gets Binance Futures Listing After Coinbase and Binance US<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Fatima99btc.jpg\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Fatima\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Fatima<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p>Binance Futures will list the USELESSUSDT perpetual contract on August 15 at 20:15 (UTC+8), offering up to 50x leverage. This listing follows recent announcements from Coinbase and Binance US, which have already boosted USELESS\u2019s visibility and trading volume.<\/p>\n<p>As the largest memecoin by market cap launched on Bonkfun, USELESS has quickly attracted attention in the crypto community. With multiple major exchange listings in such a short time, USELESS is cementing its presence as a leading solana memecoin in the current market.<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"nnbtc-live-article\" id=\"article-271877\" data-timestamp=\"1755252942\" data-modified=\"1755252942\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-latest-crypto-news-august-15-why-is-crypto-down-today-u-s-july-ppi-surges-triggers-crypto-market-sell-off-best-crypto-to-buy-during-this-dip\/#article-271877\" target=\"_self\"><br \/>\n\t\t\t2 hours\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>$6 Billion in BTC &amp; ETH Options Expire on August 15<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Fatima99btc.jpg\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Fatima\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Fatima<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p>On August 15, $6 billion worth of crypto options expired, representing about 9% of total open interest. For Bitcoin, 39,000 options expired with a Put\/Call Ratio of 0.95, a Max Pain at $118,000, and a notional value of $4.6 billion. Ethereum saw 280,000 options expire, with a Put\/Call Ratio of 1.04, a Max Pain at $4,000, and a notional value of $1.3 billion.<\/p>\n<p>BTC recently hit a new high, while ETH reached an all-time high near $4,800, with market sentiment extremely optimistic. Deribit set a milestone this week, processing $10.9 billion in options trading in a single day, its first after acquisition. BTC\u2019s implied volatility remains low, under 35% for short- and medium-term options, while ETH\u2019s main-term IV sits near 70%.\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"nnbtc-live-article\" id=\"article-271760\" data-timestamp=\"1755246210\" data-modified=\"1755246210\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-latest-crypto-news-august-15-why-is-crypto-down-today-u-s-july-ppi-surges-triggers-crypto-market-sell-off-best-crypto-to-buy-during-this-dip\/#article-271760\" target=\"_self\"><br \/>\n\t\t\t4 hours\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>OKX Executes Massive OKB Burn, Supply Now Capped at 21 Million<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Fatima99btc.jpg\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Fatima\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Fatima<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p>According to <a class=\"general-link\" href=\"https:\/\/etherscan.io\/tx\/0xb77046f541045004f6a3e354b905d9d80fbfd900bfe5ec9ada575f341acb9616\" target=\"_blank\" rel=\"noopener nofollow\">Etherscan data<\/a>, OKX\u2019s official buy-back and burn wallet permanently removed 279 million OKB tokens from circulation today at 14:00 (UTC+8). The tokens were sent to the blockchain\u2019s null address (0x00\u20260000), marking a verifiable on-chain burn. This move reduces the total OKB supply to just 21 million tokens, aligning it with Bitcoin\u2019s capped model and potentially increasing scarcity for holders.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-latest-crypto-news-august-15-why-is-crypto-down-today-u-s-july-ppi-surges-triggers-crypto-market-sell-off-best-crypto-to-buy-during-this-dip\/\">[LIVE] Latest Crypto News, August 15 \u2013 Why Is Crypto Down Today? U.S. July PPI Surges, Triggers Crypto Market Sell-Off: Best Crypto To Buy During This Dip?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s try to answer why the crypto market is down today. Yesterday, the U.S. Producer Price Index (PPI) for July rose 0.9% month-over-month and 3.3% year-over-year, far above forecasts of 0.2% and 2.5%. It was the largest monthly jump since June 2022, fueled by rising service costs in machinery wholesaling, portfolio fees, hospitality, and freight, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42370","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42370"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42370\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}