Binance Daily Roundup — August 5, 2025
The global cryptocurrency market capitalization reached $3.76 trillion, marking a 0.96% increase over the past 24 hours, with Bitcoin accounting for a significant portion of the dynamics
Bitcoin (BTC) was traded in the range of $113,726–115,720, but at 09:30 UTC it dropped to $114,573, marking a slight decrease of –0.08%
In the following hours, the BTC price even fell below $113,000, with a –2% drop during the day, highlighting increased volatility
Ethereum (ETH) reached $3,647, gaining +2.47%
Other altcoins also performed solidly: XRP +1.12%, SOL +2.55%, DOGE +1%
In the interest of daily profits on Binance: Binance Alpha launched listings for Succinct (PROVE) and organized airdrop of 100 PROVE tokens for eligible users — trading starts on August 5 at 15:00 UTC
Binance also introduced TOWNS and PROVE to the Simple Earn, Convert, Margin, and Futures offerings, with launches at 14:30 (TOWNS) and 17:00 (PROVE) UTC. Both futures contracts will be available with leverage up to 75× on USDT and USDC pairs
This day showed clear interest in new tokens (PROVE, TOWNS) and mixed market sentiments — ETH rising while BTC fell. Binance actively supports market development through listings and mechanisms encouraging long-term engagement.
