Monica Markets | Monday August 17, 2026
Your crypto snapshot to start the week. Remember, prices update every second.
The market is opening Monday on a cautious but stable note, Bitcoin holding around $63,100 to $63,500 across major exchanges and Ethereum approaching the $1,900 level once more, as the broader market digests last week's better-than-expected US CPI data and positions carefully ahead of the Federal Reserve's Jackson Hole symposium beginning August 21, arguably the most important macro event left in August for crypto markets.
BTC: ~$63,595
ETH: ~$1,900
BNB: ~$604
SOL: ~$75.50
USDT: $1.00
USDC: $1.00
Market Sentiment: Cautious optimism
What is driving the market today:
Bitcoin is holding above $63,000 after last week's July CPI data came in at 3.3 percent year on year, slightly below the 3.4 percent consensus forecast, reducing the probability of a September rate hike and providing the kind of macro relief that crypto markets needed after a difficult July, Ethereum is testing the $1,900 resistance level that analysts have identified as key to confirming its recovery from June lows, and Solana is consolidating at $75, holding the range it has occupied through much of August while traders watch for a potential breakout toward $81 that technical analysts have flagged as the next meaningful resistance level.
One notable development on Solana specifically: Solana added $378 million in tokenized Treasury bills over the past week, surpassing Ethereum in tokenized T-bill holdings by $106 million, a milestone that reinforces the network's growing role in the real-world asset space and gives institutional holders an additional fundamental reason to maintain exposure even during the current price consolidation.
This week to watch:
Federal Reserve Jackson Hole Economic Symposium, August 21 to 23, where Fed Chair Kevin Warsh will speak and any signal about September rate direction will move crypto markets immediately, US initial jobless claims Thursday August 21, and the Senate returning from recess on September 14 with the CLARITY Act still unresolved.
Prices move every second. Monica moves with them, convert your BTC, ETH, SOL, USDT or USDC to naira the moment your rate arrives.
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