Crypto News This Week: SEC Moves, Saylor Sells & What’s Ahead

Britain just had its biggest solar eclipse in 30 years. It did more than dim the skies: grid operator NESO warned of a supply shortfall as solar generation “plummeted,” pushing UK electricity prices to over £211/MWh — their highest level since June 2026, just six weeks ago. 

Turns out even the power grid has a margin call.

📊 Markets Recap

July's CPI print, released on August 12, revealed that headline CPI cooled to 3.4% (from 3.5%) and core eased to 2.5% (from 2.6%). Both matched consensus; the PPI also cooled, against the 0.2% forecast. 

Equities ran with the good news: the S&P 500 and Nasdaq both climbed to fresh records on lower Fed-hike odds and strong earnings (Nebius, Cava, Super Micro all jumped double digits).

Crypto barely moved; BTC actually dipped slightly on the day itself.

Stocks had two tailwinds at once: cooling inflation and a strong earnings season. Crypto only had the first, while it fought headwinds of its own: a stretch of ETF outflows and the SEC's abrupt cancellation of its Friday vote (more below). 

Crypto

• BTC: Dipped below $64,000 after Wednesday's CPI print, then below $63,000 on Friday. Down nearly 4% week-over-week.
• ETH: Swung between $1,875 and $1,950. Drifted lower in step with BTC.
• SOL: Holding mid-$70s. Still the week's outperformer despite Friday's pullback.
• XRP: Dipped below $1 on Wednesday, its first sub-$1 print in two years