"RBC-Crypto" does not provide investment advice, the material is published for informational purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.
On the morning of August 17, Bitcoin ($BTC) is trading around $63.5K, having been in a narrow range of $62-65K since early July. The price of Ethereum ($ETH) fluctuates above $1.9K, trading for the second week in the range of $1.83-1.95K. The prices of both cryptocurrencies lost 3% and 2% respectively over the week as of August 16.
In the catalogs of major online exchanger aggregators, offers to sell the stablecoin $USDT on the TRC20 standard for cash rubles or via SBP (Faster Payments System) start at 88.1 rubles per 1 $USDT.
The total market capitalization of the cryptocurrency market is around $2.17 trillion. The cryptocurrency Fear & Greed Index stood at 31 points (the "fear" zone) out of 100 possible — this indicates that investors are still inclined to sell cryptocurrencies. Over the week, the index increased by only 1 point.
Among the top 100 cryptocurrencies by market capitalization over the past 24 hours, the largest gain of 10% was shown by Ether.fi (ETHFI) — the token of a liquid staking protocol based on the Ethereum blockchain. Quant (QNT), a project developing infrastructure for synergy between blockchain and traditional financial payments, suffered the biggest loss during this time — a drop of 13%.
Regarding capital inflows into spot Bitcoin Exchange-Traded Funds (ETFs), the trading week ending August 14 concluded with a capital outflow of almost $390 million. $ETH ETFs recorded a minimal outflow of less than $3 million.
Crypto News
In recent days, new threats to hardware wallet owners have continued to emerge: in two separate incidents, personal data of 54,000 users was leaked.
Company Trezor reported a breach of personal data affecting about 14,000 users through its delivery service provider, ShipMonk. And the hardware device manufacturer SafePal reported a data leak that resulted in unauthorized access to order information for nearly 40,000 customers, including names, addresses, and purchase details.
Notably, earlier in August, blockchain analytics company Chainalysis named data leaks as the primary reason for the increase in physical attacks on crypto investors in 2026.
Despite the regulatory uncertainty around cryptocurrencies in the US observed last week, the topic of crypto regulation persists this week as well. Bloomberg reported that US President Donald Trump will participate in a meeting at the White House on August 19 with leaders of crypto companies and prediction market platforms.
The meeting is also expected to be attended by the heads of major US market regulators: Michael Selig from the Commodity Futures Trading Commission (CFTC) and Paul Atkins from the Securities and Exchange Commission (SEC). This comes despite the fact that industry experts at Galaxy estimate the probability of the crypto bill CLARITY Act being passed this year at just 10%.
Regarding individual crypto projects, one of the most exciting topics in the community is the upcoming Ethereum upgrade — Hegotá, scheduled for early 2027. It is assumed that this and subsequent upcoming upgrades will determine the further development of the network of the second-largest cryptocurrency by market cap for the coming years.
The context is that Ethereum developers have been unable to define a clear development path for Ethereum for over a year, and critics are increasingly pointing out fundamental flaws in the blockchain. All this is accompanied by weak price dynamics in recent years.
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