Missed this week's crypto market guide?
Here's everything you need to know 👇
Top Gainers 📈
$ZKJ ↑ 105%
$BIO ↑ 91%
$DOLO ↑ 91%
$AERO ↑ 59%
$DEAI ↑ 53%
Top Losers 📉
$QUBIC ↓ 15%
$FUN ↓ 12%
$AMR ↓ 10%
$DAG ↓ 8%
$TON ↓ 7%
Key Reasons Behind These Moves 👇
$ZKJ: Recovery After Massive Q2 Crash
$BIO: Launch of Bio V2 and 100M+ BIO Stakes, Leading to Coinbase Listing
$DOLO: Total Borrowed Value 2x in 7 Days.
$AERO: Protocol Volume Exceeds $4 Billion This Week
$DEAI: Processed over 42 million transactions
$QUBIC: Price adjustment after last week's pump
$FUN: Insufficient volume
$XMR: Mining centralization issues
$DAG: Low investor interest
$TON: Sold by a major shareholder
What's happening in the market? 👇
• Ethereum surged over $4,000 to $4,240, up 10.7% this week.
• Institutional demand poured $1.2 billion into Ethereum ETFs, including $73 million on August 5th.
• SharpLink Gaming and BitMine Immersion acquired nearly 2 million ETH, boosting enterprise adoption.
• The SEC clarified that ETH staking does not violate securities laws, reducing ETF risk.
• Technicals show ETH breaking through the $4,193 Fibonacci level, with the RSI above 70 signaling strength.
• Ripple's XRP rose 8% after the stablecoin platform acquired $200 million.
• Chainlink's LINK surged 11% after announcing its token reserve.
• A US executive order promoting cryptocurrencies in retirement accounts boosted market sentiment.
• Concerns about tariffs and Fed interest rates had a muted impact, with cryptocurrencies seen as a safe haven.
• Despite $196 million in ETF outflows, Bitcoin remained stable, while ETH outperformed.