Hey Binance Square crew! Here’s your daily crypto roundup for August 1, 2025, packed with the latest market moves, regulatory updates, and altcoin action. Let’s dive into what’s driving the crypto world today! Market Snapshot: Bitcoin Dips, Altcoins Hold Firm Bitcoin (BTC) Faces Tariff Jitters: BTC dropped 7% to ~$115,000 amid renewed U.S. tariff tensions, down from its July 14 high of $123,153. Analysts see support at $110K and a potential rebound to $124K–$130K if it breaks $122K.
Ethereum (ETH) Eyes $15K: ETH is trading at ~$3,795.40 after hitting a yearly high, fueled by ETF inflows and institutional demand. Analysts predict a surge to $15K–$16K this cycle.
XRP Nears Breakout: XRP holds at ~$3.47, close to its record highs. With Nasdaq’s XRP Futures ETF and Brazil’s spot ETF approval, analysts see a path to $10 if momentum continues.
Regulatory & Industry Buzz SEC Boosts ETF Liquidity: The U.S. SEC approved in-kind creations and redemptions for Bitcoin and Ethereum ETFs, enhancing institutional access and market efficiency.
JPMorgan-Coinbase Partnership: JPMorgan teamed up with Coinbase to allow Chase credit card users to fund crypto wallets starting Fall 2025, signaling mainstream integration.
Stablecoin Law Impact: The recent U.S. stablecoin bill, signed by President Trump, bans yields on regulated stablecoins, pushing investors toward ETH for DeFi yield generation.
Altcoin & Memecoin Watch Solana (SOL) Hits Highs: SOL climbed to its highest level since February, trading at ~$197.40, with the ProShares Ultra Solana ETF (SLON.P) jumping 17.2%.
Shiba Inu (SHIB) Rebound Hopes: SHIB is down but showing bullish signals, with analysts predicting a range of $0.0000123–$0.000055 in 2025. Whales are accumulating despite exchange outflows.
Pepeto’s Meme Appeal: PEPETO, priced at $0.000000143, is gaining traction with its zero-fee PepetoSwap and cross-chain bridge, eyed as a potential 100x memecoin.