What’s good, Binance Square fam? Here’s your daily crypto roundup for August 2, 2025, bringing you the hottest updates from the crypto space. From Bitcoin’s tariff-driven dip to altcoin opportunities and regulatory shifts, let’s break down what’s moving the market today! Market Movers: Bitcoin Dips, Altcoins Show Resilience Bitcoin (BTC) Feels Tariff Heat: BTC is trading at ~$115,000, down 7% from its July 14 high of $123,153, as U.S. tariff concerns spark profit-taking. Analysts see support at $110K and a potential rally to $124K–$130K if it clears $122K.
Ethereum (ETH) ETF Strength: ETH holds at ~$3,795.40, bolstered by record ETF inflows. Experts forecast a climb to $15K–$16K this cycle, driven by institutional demand.
XRP Nears All-Time Highs: XRP trades at ~$3.47, with Nasdaq’s XRP Futures ETF and Brazil’s spot ETF approval fueling optimism for a $10 breakout.
Regulatory & Industry Updates SEC Enhances ETF Liquidity: The SEC’s approval of in-kind creations and redemptions for Bitcoin and Ethereum ETFs boosts institutional access, improving market efficiency.
JPMorgan-Coinbase Deal: JPMorgan’s partnership with Coinbase allows Chase credit card users to fund crypto wallets starting Fall 2025, signaling deeper mainstream integration.
Stablecoin Law Milestone: President Trump signed a stablecoin regulatory framework into law, paving the way for digital assets to become everyday payment tools.
Altcoin & Memecoin Spotlight Solana (SOL) Surges: SOL hit ~$197.40, up 5.6%, with the ProShares Ultra Solana ETF (SLON.P) gaining 17.2%. Analysts predict a $495 target in 2025.
Shiba Inu (SHIB) Bullish Signals: Despite a recent dip, SHIB shows whale accumulation and could trade between $0.0000123–$0.000055 in 2025.
Pepeto’s Meme Potential: PEPETO, at $0.000000143, is buzzing with its zero-fee PepetoSwap and cross-chain bridge, eyed as a 100x memecoin contender.