Crypto Market Update – August 7, 2025

Markets are choppy, sentiment is shaky — but Layer2 & RWA tokens are showing strength. Here’s what you need to know:

🔹 $BTC hovers near $114K, stuck in a low-liquidity zone ($110K–$116K). No strong bids = downside risk.

🔹 $ETH spiked above $3,700, but quickly cooled off.

🔹 Winners today:

Layer2s: $ARB, $MNT up 8%+

CeFi: $BNB, $CRO see modest gains

🔹 Losers: Meme coins, PayFi & AI tokens drop across the board.

💰 Institutional Moves:

- SharpLink raises $200M to expand its $ETH treasury

- Tether invests in Spain’s Bit2Me, leading a $34M round

- Ripple acquires stablecoin platform Rail for $200M

⚠️ Regulatory Watch:

° Paxos settles with NYDFS for $48.5M over Binance-linked violations

° XRP whales start dumping again — warning signs flashing 🚨

📢 Hot Narrative Right Now: Real World Assets (RWA), Ethereum treasury strategies, and Layer2s are leading the market narrative — while memecoins and hype tokens lag.

Stay alert. Volatility is back, but opportunities are rising in the right sectors. 👀

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