Here’s the English translation of the crypto market update for *August 6, 2025*:
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📉 Market Overview
- *Bitcoin (BTC):*
Bitcoin has dropped to around *113,000*, showing a **0.76
- *Ethereum (ETH):*
Ethereum has fallen below *3,600*, down *2.43%* today.
- *XRP:*
XRP is trading at *$2.92*, reflecting a *4%* decrease.
- *SocialFi, NFTs, and Meme Coins:*
These sectors have also declined by *5–6%*.
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📰 Key News
- *U.S. ISM Services PMI* data came in weaker than expected, raising *stagflation fears* and negatively impacting market sentiment.
- *SBI Holdings (Japan)* has filed for a *dual Bitcoin and XRP ETF*, aiming to bring crypto exposure into regulated markets in Japan.
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🔍 Summary
Today, the crypto market is showing *volatility and bearish pressure* due to weak economic indicators and investor caution. Traders are advised to stay updated and manage risk wisely.
Let me know if you want updates on any specific coins or sectors.
