🚀 Crypto Market Snapshot – August 6, 2025 🚀

Bitcoin (BTC): ~$115,100 (+1.7%)

BTC holds steady above $114K, rebounding as traders anticipate a possible US Fed rate cut in September. Momentum faces resistance near $116K.

Ethereum (ETH): ~$3,648 (–3.3%)

ETH outperformed earlier this month on strong ETF inflows and new policy tailwinds. Slight dip today as investors take profits and rotate into other altcoins.

XRP: ~$2.98 (–4.0%)

XRP slipped back below $3 amid regulatory uncertainty and short-term selling pressure. Chart support sits near $2.90.

Trends to Watch:

• Institutional crypto adoption keeps growing, with US regulators expanding spot market access and new stablecoin rules taking shape.

• Market eyes upcoming Fed and trade policy news, which could fuel the next big move.

• Technical resistance zones for BTC ($116K), ETH ($3.7K), and XRP ($3.09) will be key levels this week. #DYOR

Happy Trading Pals!