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**CRYPTO UPDATE** – *August 10, 2025*

**Market Snapshot**

* **Bitcoin (BTC):** \$118,517

* **Ethereum (ETH):** \$4,227.56

**Key Headlines Today**

* **Bitcoin Climbs to 10-Day High** – BTC reached the highest level in 10 days, edging above \$118,000, with backward-looking technical setups hinting at a potential move toward \$120,000.

* **Ethereum Posts Strong Rally** – ETH recently surged past \$4,200, continuing a bullish breakout with analysts eyeing a possible rally to \$5,600.

* **Institutional Demand in El Salvador** – A new investment banking law in El Salvador is expected to drive institutional demand for Bitcoin.

* **Ripple Settles Major Lawsuit** – The SEC has dismissed a high-profile lawsuit against Ripple. XRP must still pay a \$125 million fine.

**Summary & What to Watch**

| Asset | Status | Key Drivers |

| ------------ | --------------------- | -------------------------------------------------- |

| **Bitcoin** | Near 10-day high | Momentum hints at potential breakout toward \$120K |

| **Ethereum** | Holding bullish trend | Strong breakout; analysts eye higher targets |

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