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[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market

2025-08-07 04:48:37

Main Idea

The crypto market shows mixed signals with Bitcoin and Ethereum experiencing modest ETF inflows after a period of outflows, while certain sectors like Layer2 tokens gain and others like Meme and AI post losses.

Key Points

1. Bitcoin is trading around $114K, caught in a low-liquidity range between $110K and $116K, raising concerns about potential downside.

2. U.S. spot Bitcoin and Ethereum ETFs saw net inflows of $91.55 million and $35.12 million respectively on August 6, breaking a four-day outflow streak.

3. Layer2 tokens like POL and Mantle gained over 8%, while sectors like Meme, PayFi, and AI posted losses.

4. Market conviction remains weak, with ETF outflows and cautious derivatives activity noted.

5. Grayscale’s Ethereum Mini Trust ETF (ETH) was the sole driver of Ethereum ETF inflows.

Description

The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows a...

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Industry Talk Bitcoin Ethereum Market
📱 Full Version
$BTC
$118525.3
+1.62%
$CRO
$0.16245
+3.42%
$POL
$0.2428
-2.18%
$ETH
$4225.10
-0.07%
$BNB
$802.05
-0.27%

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