This morning, August 2, 2025, the crypto market is still in decline: BTC dropped 3% to $113k, ETH -6%, SOL -5%. Last night, prices plummeted due to Trump's new tariffs causing risk-off, weak US employment data, and a negative summer trend. Watch the Fed for recovery! #CryptoUpdate #Bitcoin #Ethereum #CryptoCrash #nkncrypto #nkn
Update on Bitcoin and Ethereum prices today (01/08/2025) Today's Bitcoin (BTC) price is recorded at 117,845.47 USD, nearly flat (+0.00%) over the past 24 hours, with a trading volume of 65.7 billion USD. The market capitalization of BTC is at 2.35 trillion USD. Meanwhile, Ethereum (ETH) is trading at 3,787.35 USD, down 2.13%, with a market cap of approximately 458.26 billion USD and a trading volume of 35.24 billion USD. Reason for the price drop: The cryptocurrency market is under pressure from various factors. First, concerns about the Federal Reserve's monetary tightening policy are causing investors to shift to safer assets. Second, geopolitical tensions, especially in the Middle East, are increasing risk-averse sentiment. Additionally, sell-offs from major institutions, such as Jump Crypto, have put downward pressure on both BTC and ETH. Specifically for ETH, the decline in staking yield (currently 2.9% on Lido) is also undermining bullish momentum. Note: The market is highly volatile, investors need to be cautious and conduct thorough research. #Bitcoin #BTC #Ethereum #ETH #Crypto #nkncrypto
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Crypto Market Trends August 2025: Opportunities and Challenges The cryptocurrency market is vibrant with a total capitalization exceeding 3.4 trillion USD. Bitcoin (BTC) reaches 111,000 USD, targeting 125,000-130,000 USD in August, thanks to ETF capital flows and institutional accumulation. Ethereum (ETH) rises 3.86% to 3,916 USD, with the potential to hit 6,000 USD by the end of the year as alt season kicks off. Altcoins like XRP (1.80-4.14 USD), SOL (121-495 USD), and ADA (0.76-2.55 USD) are set to explode, especially as Bitcoin dominance drops below 50%. Trends in AI, DeFi, and RWA tokenization (real estate, bonds) are attracting significant capital, with coins like INJ, VET, SUI standing out. Positive regulations from the U.S., such as the GENIUS Act, along with M&A (18 billion USD) support the bull run into Q1 2026. However, risks from hacks and trade policies remain present. Monitor BTC support levels at 75,000 USD and Fed news to adjust strategies. Invest smartly, manage risks! #Crypto #Binance #nkncrypto #nkn $BTC $ETH $BNB
Crypto Update 31/7/2025 🚀 Bitcoin fluctuates between $117K-$123K, ETH rises sharply thanks to new capital inflows. The White House releases a crypto report: emphasizing stablecoins, tokenized securities, proposing taxes on offshore accounts. DeFi reaches a TVL of $140 billion, JPMorgan partners with Coinbase. Solana launches S3, Polygon disrupts RPC. Scam warning: New Solana project is suspicious. Market is highly in “Greed”, be careful of volatility! What do you think about the White House report? 💬 #CryptoNews #Bitcoin #Ethereum #DeFi #nkncrypto