2025-08-17 11:56:25

#Gate Blue Challenge

Crypto Market faces strong headwinds as Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), and Celestia (TIA) post double-digit losses, with over $1B liquidations triggered by higher-than-expected US July PPI data.

FARTCOIN: After dropping 12% on Thursday, it edges 2% higher on Friday, still holding above the 200-day EMA at $0.9656. A push above $1.00 could trigger recovery, but a drop below support risks a deeper decline.

VIRTUAL: Down more than 13% on Thursday, it now risks a death cross as the 50- and 200-day EMAs converge. Support at $1.12 remains critical, while reclaiming $1.45 is needed to confirm strength.

TIA: Fell nearly 13% before bouncing 2%. It faces pressure near the 100-day EMA, with $1.310 as key downside support. A decisive move above $2.07 could reignite the uptrend.

Overall, sentiment remains cautious. With Fed rate-cut expectations at 94% and political calls for deeper cuts, the next move could either strengthen recovery or extend the bearish wave across crypto markets.

#FARTCOIN VIRTUAL #TIA JulyPPI #CryptoMarket , Angel Eye

BLUE-0,17%

FARTCOIN6,33%

VIRTUAL7,29%

TIA3,56%

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