#BTC #BitcoinSPACDeal $BTC $ETH $XRP The cryptocurrency market today, Friday, August 8, 2025, is witnessing a rise in Bitcoin, which has exceeded $116,000, while alternative currencies like Dogecoin are also seeing a strong uptick. This increase comes after news of the U.S. President nominating a supporter of cryptocurrencies to the Federal Reserve Board. However, there are warnings of sell-offs by major investors.