📢 Crypto Market Update – August 7, 2025
🚀 Bitcoin holds strong at $116K
📈 Supported by Trump’s executive order allowing crypto in 401(k) retirement plans. Institutions are ramping up BTC accumulation.
💼 GENIUS Act signed in U.S.
Stablecoins must now be fully backed and regulated under a dual oversight model. 🇺🇸
🔐 Hong Kong shakes stablecoin world
New law requires all stablecoin holders to verify identity—raising serious privacy concerns. 🇭🇰
🔥 Ethereum on the move
Exchange reserves drop 10% as ETH nears $3,800. Is a supply squeeze coming?
📊 Total Market Cap: $3.7T
Altcoins heating up as “crypto summer” vibes return. IPO fever surging with Bullish, Circle, eToro, and more.
🟢 Bullish sentiment. Institutional money. Tightening regulations.
Welcome to the next phase of crypto evolution.
