The global crypto market cap stands at $3.94T, up 0.04% in 24 hours. Bitcoin (BTC) trades at $118,045 (+1.12%), dominating with 59.26% share, while Ethereum (ETH) is at $4,219.38 (+0.98%). Trading volume rose 0.04% to $403.39B.
Top Gainers: AIOZ Network (+13.65%), Raydium (+14.43%, $3.41), and KuCoin Token (+12.07%) led gains. Top Losers: Rekt (-10.43%), Frax (-7.50%), and Zebec Network saw declines.
Bitcoin Outlook: BTC hit $118,500, with a bullish flag pattern suggesting a potential $142,000 target. Strong demand fuels optimism.
Ethereum Moves: Arthur Hayes repurchased $10.5M in ETH at $4,100 after selling at $3,507.
A whale staked 4,736 ETH ($19.84M), earning $10.7M profit.
However, a trader opened a 25x leverage short on 10,000 ETH ($42M).
XRP Updates: XRP fell 1.75% to $3.25 amid SEC vs. Ripple developments. Unverified price predictions on X were debunked.
Other Highlights: Maya Crypto App in the Philippines is under maintenance.
Trump family plans a $1.5B crypto treasury firm, World Liberty Financial. Verum Coin hit $5,769.67, up 67.52% monthly. Binance Alpha lists World3 (WAI) on August 12. USDe stablecoin reached a $10B market cap.
Regulatory Notes: BlackRock delayed a U.S. spot XRP ETF due to low interest and regulatory uncertainty. David Sacks criticized U.S. banks for limiting Bitcoin ETF access.Market Sentiment: Rising retail FOMO may impact recovery.
Disclaimer: Cryptocurrency markets are volatile. Am not giving you any financial advice; conduct your own research.