🚨⚡BIG ALERT⚡🚨
Here’s a snapshot of today’s crypto market trends and news — including both real-time market data and the latest headlines:
Bitcoin (BTC)
$105,690.00
-$1,103.00(-1.03%)Today
Ethereum (ETH)
$2,553.97
-$62.33(-2.38%)Today
📈 Market Overview
Bitcoin is trading around $105,700, down ~1.0% today, hovering between ~$105.5K and $108.8K—showing some volatility amid geopolitical and macroeconomic uncertainty
Ethereum sits near $2,554, also down about 2.4% intraday, influenced by mixed signals from stablecoin-related demand .
Global crypto market cap is hovering around $3.3–3.4 trillion, with about 10% of major tokens showing gains and most trading sideways
🔎 Key Drivers Behind Today’s Moves
Geopolitical tensions (Israel–Iran) are weighing on risk assets, triggering crypto drawdowns—Bitcoin dropped ~0.7% from a record-high near $111K, Ethereum was hit harder (~2.6%) thecryptobasic.com
Strong institutional demand continues: sizable inflows into spot Bitcoin & Ethereum ETFs (e.g., ~$408M and ~$21M, respectively) and public companies like Japan’s Metaplanet accumulating BTC are supporting prices markets.com.
Surging stablecoin momentum and the Senate's swift movement on stablecoin regulation (GENIUS Act) are boosting Ethereum due to its central role in the stablecoin ecosystem fnlondon.com
📰 Today’s Top News
Wall Street's surge into stablecoins: Circle’s IPO soared ~80%, now at ~$160/share—solidifying growing institutional confidence in stablecoin infrastructure. The stablecoin market now comprises ~$250 billion (~7.5% of overall crypto) fnlondon.com+1marketwatch.com+1.
GENIUS Act enters Senate: This bipartisan bill aims to regulate stablecoins with consumer safeguards, though it curiously excludes the President’s family. It has backing from major players like Coinbase and Treasury, and might pass ahead of the August recess apnews.com+1investing.com+1.
