> Crypto Update – Aug 6, 2025

Bitcoin remains stable above $114K despite broader market drop, while altcoins like ETH (-2.4%), XRP (-4.7%), and SOL (-2%) saw declines amid macro and tariff concerns. XRP fell below $3, with heavy whale-selling and bearish technicals hinting at further downside toward $2.40.

In brighter news, $PROVE token spiked ~150% to $1.52 on its Binance/Coinbase debut, with over $1B in trading volume; spotlighting growing interest in decentralized identity infrastructure. Meanwhile, meme coin presales like TOKEN6900 raised $1.5M fast, illustrating ongoing speculative buzz despite broader market softness.

My view: cautious macro environment may pressure major tokens short-term, but select assets and presale plays show speculative upside momentum.

#CryptoNews #Bitcoin #XRP #PROVE #Presale #MarketOutlook