Coinpedia Digest: Crypto Market Update – August 16, 2025

This week’s crypto news was dominated by significant price action and legal developments. Bitcoin surged past $124,000, hitting an all-time high and challenging the dominance of traditional financial markets. Meanwhile, stablecoins are causing concern for banks as they fear a potential shift in how trillions of dollars move between institutions. This week’s update covers the latest happenings across the crypto world.