Yo, Binance Square fam! Here’s your daily dose of crypto news for August 9, 2025, straight from the blockchain. From Bitcoin’s push to altcoin action and regulatory wins, the market’s buzzing! Let’s unpack today’s top stories and what’s driving the crypto scene. Market Movers: Bitcoin Climbs, Altcoins Heat Up Bitcoin (BTC) Gains Traction: BTC surged 1.9% to ~$115,500, shrugging off stagflation fears with $113B added to the crypto market cap, now at $3.87T. Analysts eye $124K if it breaks $122K resistance.
Ethereum (ETH) ETF Power: ETH jumped 6% to ~$3,900, fueled by $850M in ETF inflows and a 10-year roadmap reveal. Experts see $4,495 by Q4 2025 with DeFi growth.
XRP Holds Steady: XRP trades at ~$3.10, with ETF buzz and regulatory clarity driving optimism. A breakout above $3.47 could target $4.20–$5.25 by 2030.
Regulatory & Industry Highlights Trump’s 401(k) Crypto Push: President Trump signed an executive order allowing crypto in 401(k) plans, potentially unlocking $9T in retirement funds for BTC and ETH.
SEC Boosts DeFi: The SEC clarified that liquid staking isn’t a security, boosting confidence in DeFi protocols like Lido and Rocket Pool.
Binance’s Xeleb Protocol Airdrop: Binance Alpha will feature Xeleb Protocol (XCX) on August 11, with airdrops for eligible users. Get ready to claim on the Alpha Events page!
Altcoin & Memecoin Spotlight Chainlink (LINK) Surges: LINK rose 4% to ~$17 after launching U.S. equities and ETF data feeds, with analysts eyeing $20–$30 if it holds above $18.
Bonk (BONK) Leads Memes: BONK trades at ~$0.000029, with whale accumulation signaling a potential push to $0.00004 if altcoin momentum grows.
TROLL’s Meme Rally: TROLL spiked 227.3% this week to ~$0.055829, driven by Solana-based meme coin hype, though volatility remains high.
