Crypto News Summary Today – August 13, 2025
Market capitalization rose ~2% to $4.03 trillion.
Bitcoin near $120,000 at an important support level, potential for continued rise.
Ethereum above $4,300 with strong institutional momentum.
Altcoins dropped 13% this month, indicators of an upcoming alt season.
Controversial new U.S. legislation could shift SEC dominance in favor of CFTC.
Stablecoins: Major companies like Amazon and Walmart plan to launch dollar-pegged stablecoins.
Do Kwon pleaded guilty in the TerraUSD case, facing up to 25 years in prison.
Bitfarms achieved 87% revenue growth thanks to mining and artificial intelligence.
Bullish raises its IPO valuation to ~5 billion dollars.
BIO Protocol listed on Coinone in Korea.
#ETH5kNext? #DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon #BTCHashratePeak