📊 Market Overview
The market saw broad recovery, significantly supported by Layer 2 tokens that surged by 6.1%, amid the standout performances of projects like Mantle (+16.3%) and Zora, among others (mitrade, TradingView).
ETH rose by 4.5% to levels near $3,627, while BTC saw a slight increase (+0.1%) to settle at ~$114,400, despite trading below July's highs (Barron's).
🏦 What's Behind the Speculation?
Analysts expect that a potential rate cut in September by the Federal Reserve could support investor sentiment and stimulate risk assets like cryptocurrencies (Barron's).
Technical analyses indicated that breaking the resistance at $116,000 for Bitcoin could mark a starting point toward higher levels, while support remains at ~$112,500 – $110,000 as crucial for maintaining current momentum (CryptoRank).
🏢 Institutional Activity and Major Currencies
On-chain data showed that public companies and large financial institutions raised over 966,000 ETH (~$3.5 billion), a sharp increase from the end of 2024's 116,000 ETH (reuters.com).
This indicates institutions' cling to ETH as a hedging tool, especially with current staking yields available (~3-4%) (reuters.com).
On the other hand, hedge funds like Fasanara Digital and Edge Capital showed similarly strong performance, influenced by the rises of BTC and ETH during the first half of 2025 (F N London).
🌐 Politics and Regulation
The White House issued an order to investigate the phenomenon of banks withdrawing services from crypto companies (Crypto Debanking), a move that could lead to fines for banks that practice this type of neglect toward the digital sector (crypto.news, TradingView).
In the UK, George Osborne, former advisor to Coinbase, warned that the country is lagging behind in regulating cryptocurrencies compared to countries like Singapore, Hong Kong, and the UAE, threatening to stifle financial innovation (theguardian.com).
🌍 Notable Stories and Issues
A former Australian police officer lost AUD 1.9 million in a scam targeting him through cryptocurrencies, after being promised fixed monthly returns before the fraud was uncovered by Thai authorities (news.com.au).
Additionally, an Indian woman lost a very large amount (~₹1.6 crore) due to a scam she was lured into through fake job opportunities linked to crypto via Telegram, highlighting the recurring risks of fraud on social media platforms (timesofindia.indiatimes.com).
Famous basketball player Tristan Thompson had a surprising discussion at the White House about cryptocurrencies with an official from the Trump administration, reflecting the expanding influence of celebrities in the digital asset industry (timesofindia.indiatimes.com).
✅ Summary
The market is in a corrective and recovery phase simultaneously, led by Layer 2 and a decrease in interest rate fears.
Institutions continue to bolster the price of BTC and ETH, despite regulatory volatility.
Government regulations are tightening, but weak political stances threaten to exacerbate countries' commercial lag in the crypto field.
Security issues are recurring in scams and targeting investors through sophisticated tricks.
Would you like an analysis of a specific coin or in-depth coverage of a special event?
Barron's reuters.com theguardian.com
