๐ Global Crypto Market | Aug 4โ9, 2025
Major coins gained on U.S. regulatory progress and institutional buying. Global market cap rose from $3.8T to $3.96T after an early tariff-driven dip. BTC held $114Kโ$117K, ETH neared $4K, SOL stayed above $166.
๐ Price Moves
BTC: $114Kโ$117K, +1.16%, backed by 94% Fed rate-cut odds.
ETH: $3,565โ$3,956, +4.40%, boosted by ETF flows, GENIUS Act.
SOL: $166โ$199, +3.36%, aided by upgrades, Seeker phone sales (150K).
XRP: $3.04โ$3.07, +6.60%.
โก Key Events
โ Tariffs (Aug 7) caused 3โ6% drops ($500M liquidations) before rebound on weak jobs data. MEI Pharma added LTC to treasury.
โ GENIUS Act set 1:1 stablecoin reserves; CFTC opened spot crypto trading on futures venues. Trump allowed crypto in 401(k)s, unlocking $9T potential. ETH marked 10 years; DeFi TVL on ETH/SOL hit $4.6B.
โ BTC peaked $117K, ETH $4,200 as Tether & Circle grew U.S. Treasury holdings; hedge funds posted 7โ8% YTD crypto gains.
๐ Trends
AI tokens ($NT, $REI, $CODEC) +20โ30% on ChatGPT-5 rumors.
Solana memes ($BUCKY, $TROLL) & legacy coins ($LTC, $DOGE) rallied; LTC > $85.
Trump Media holds $2B BTC; Bit Origin bought 40M DOGE.
Billionaire Adam Weitsman purchased 5,000+ Yuga Labs NFTs.
๐ก Risks
Tornado Cash dev partly acquitted, guilty of money transmission. $22.3B BTC hack from 2020 revealed. Iran (Aug 29) and RussiaโUkraine tensions could fuel volatility.
๐ฎ Outlook
If inflows and regulation stay supportive, BTC could reach $151Kโ$185K, ETH remain above $4K. AI-crypto, DeFi, and SOL alts likely lead rotations. CPI (Aug 12) and Jackson Hole (Aug 21โ23) are next catalysts.
