🚨 Crypto Market Update – August 12, 2025 🚨

The crypto market is taking a breather today after recent gains, with most sectors turning red.

📉 Market Snapshot

• Bitcoin (BTC): -2% ➡️ $118,000 (after briefly

topping $122K)

• Ethereum (ETH): -0.7% ➡️ Below $4,300

• AI Sector: Leading losses with -7.20%, driven

by steep drops in Virtuals Protocol, ai16z, and

Fartcoin.

• DeFi & Meme Tokens: Also down, but SOON

and Pump.fun defied the trend with

double-digit gains.

💰 Big News: Spot ETH ETFs Boom

=Spot Ethereum ETFs recorded $1B in inflows, setting a new record.

=BlackRock is leading the charge, strengthening institutional confidence in ETH.

🔥 Other Headlines

1. Trump appoints PayPal veteran David Sacks as White House AI & Crypto Czar.

2. Tether Co-Founder William Quigley shares his outlook on crypto regulations in Trump’s second term.

3. Wisconsin lawmakers push to regulate crypto kiosks amid $247M fraud losses.

📌 Takeaway: While prices are cooling off today, institutional interest in ETH is heating up fast — and that could be a long-term bullish driver despite short-term volatility.

#Bitcoin #Ethereum #ETFs #CryptoNews #MarketUpdate #BinanceSquare #TradingTips #BlackRock #Altcoins