Here’s the fresh scoop on crypto as of August 10, 2025:
Market Highlight
$BITCOIN (BTC) is riding high at around $118,750, fueled by bullish momentum and strong demand; analysts suggest it could set a new all-time high this week.
Market Highlights
Ethereum ($ETH ) sits near $4,220, boosted by surging institutional interest. Over the past month, ETH has rallied between 26% and nearly 50%, propelled by major spot ETF inflows and investor confidence.
What’s Driving the Surge
ETF Inflows & Market Confidence: Both $BTC and ETH are benefiting from substantial spot ETF investments, with ETH receiving billions in inflows—Ethereum is emerging as a clear beneficiary of the current ETF boom.
Bullish Cycle: Market analyst Bobby Ong suggests we’re in the “third inning” of the crypto cycle—a stage typically followed by the most volatile and lucrative gains.
Valuation Buzz: Tom Lee’s Bitmine Immersion model has sparked headlines by valuing Ethereum at a lofty $60,000 per ETH, reflecting growing bullish sentiment.
Regulatory & Policy Moves
U.S. Executive Order: On August 7, President Trump signed an executive order enabling 401(k) retirement accounts to invest in private equity, cryptocurrencies like Bitcoin, and other alternative assets. This signals a potential pathway for broader institutional participation, though full rollout may take time.
$Crypto Policy Shakeup: Bo Hines, head of the White House Digital Assets Advisory, has resigned, marking a significant personnel shift in U.S. crypto policymaking.
Compliance Push: Developers and platforms are increasingly turning to paid APIs to ensure reliable, real-time crypto pricing data—highlighting growing demand for transparency in digital asset tracking