News Digest from Revenuebot 💰

BTC is trading at $114,242

ETH is trading at $3,648

🔹BTC Dominance — 60.96%

🔹Market Capitalization — $3.71 trillion

🌀 Fear and Greed Index - 52

Interesting news:

✔️ Trump stated that a decision on the Federal Reserve chairman nominee will be made by the end of the week and added that four candidates are being considered for the position. Meanwhile, the probability that Powell will cut rates at the next Federal Reserve meeting in September is 85%.

✔️ The SEC announced that cryptocurrency staking is not considered a securities-related operation.

This increases the potential for including staking features in the Ethereum ETF.

✔️ On August 5, the BlackRock Ethereum ETF purchased 23,870 ETH for $88.8 million.

Funds believe in the long-term potential of ETH.