Here’s your ~200-word snapshot of cryptocurrency today (August 12, 2025):

The crypto market is surging on multiple fronts today. Bitcoin has neared its all-time high, cresting above $122,300, while Ethereum a level not seen since December 2021—around $4,350.they powered the global crypto market cap to a record-breaking $4.15 trillion.

A key catalyst is a new executive order allowing 401(k) retirement plans to invest in cryptocurrencies, spurring a flood of institutional capital—nearly $572 million in weekly inflows, with about $268 million directed at Ethereum and $265 million at Bitcoin.

Regulatory sentiment is also shifting: the SEC’s “Project Crypto” initiative signals a softer stance, with many tokens now potentially exempt from securities classification and oversight.

Meanwhile, Barron’s highlights continued momentum in Bitcoin’s rally, now trading above $120,000 and up around 3% for August. Forecasts suggest a possible climb toward $130K–$134K, driven by favorable policies, dollar weakness, and the upcoming IPO of Bullish (CoinDesk’s parent) on the NYSE.

On the legal front, Do Kwon, founder of Terraform Labs, is facing serious fraud charges in the U.S. tied to the collapse of digital currencies worth about $40 billion in 2022—a major development for crypto accountability and transparency.

Your 200-word article:

Crypto Market Roars Ahead as Institutions Flood

Today's cryptocurrency landscape is ablaze with activity. Bitcoin has surged to over $122,300, inching close to its all-time high, while Ethereum hit around $4,350—its strongest since late 2021. These rallies helped lift the overall crypto market cap to a record-breaking $4.15 trillion.

A wave of institutional demand has accompanied the rally. A groundbreaking executive order now permits 401(k) plans to invest in crypto, triggering roughly $572 million in weekly inflows—split almost evenly between Bitcoin and Ethereum. Meanwhile, regulatory clarity has improved, as the SEC’s new “Project Crypto” initiative reframes m$BTC #BTCPrediction $SOL