Bitcoin crashes below $114K, wiping out $863M in leveraged longs 📉

Bitcoin bloodbath as price drops below $114K, triggering $863M liquidation wave
Bitcoin fell below $114,000 on July 20, sparking a violent crypto sell-off. Over $863 million in leveraged long positions—mostly in BTC and ETH futures—were liquidated in a cascading effect. The sudden drop wiped out traders across multiple platforms, highlighting the risks of excessive leverage and thin liquidity at key price levels.

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Ethereum Spot ETFs Extend Inflow Streak as Bitcoin ETFs Face Outflows 📥

For the 20th day straight, U.S. spot Ethereum ETFs posted net inflows, with around $17 million added on the latest day. July inflows reached nearly $5.4 billion, boosting total assets to $21.5 billion—about 5% of Ethereum’s market cap. In contrast, Bitcoin ETFs saw approximately $115 million in outflows, underscoring a rotation toward ETH investments.

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U.S. States are embracing Bitcoin 💪

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An address suspected to be Anchorage Digital bought 14,933 ETH🔥

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DeFi Education Fund urges Senate to strengthen crypto dev protections in draft bill

DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter.

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SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US

With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms.

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Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

Tom Lee says ether and bitcoin remain in early-stage institutional adoption, and warns investors not to mistake disbelief for a market top.

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Trump's tariffs hit Buffett's Berkshire consumer goods business hard

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🗞 August 2 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin crashes below $114K, wiping out $863M in leveraged longs 📉

【Indicators】
XRP Price Could Explode as SEC ETF Decision Looms in 21 Days🪙😯

【Economy】
Trump's tariffs hit Buffett's Berkshire consumer goods business hard

【More】
Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

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Dogecoin (DOGE) Aims to Reclaim $80B ATH Market Cap as Little Pepe (LILPEPE) Rises as the Top Meme Coin to Watch in 2025😲🐶🐸

In a turbulent 2025 marked by tech layoffs and inflation, crypto is showing resilience. Dogecoin (DOGE) aims to reclaim its \$80 billion market cap, while new meme coin Little Pepe (LILPEPE) is gaining traction. With its stage 8 presale 94.36% filled and tokens priced at \$0.0017, early investors are already up 70%. If it reaches the projected \$0.0030 launch price, current buyers could see a 76.4% return, fueling strong investor interest.

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The crypto market is still experiencing a downturn, with Bitcoin briefly dipping to $112,584.🕯

- Bitcoin dropped below $112,550, a 24-hour decrease of 1.28%;
- Ethereum dropped below $3400, a 24-hour decrease of 4.38%.

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Bitcoin dropped 4% to $114K after Trump’s tariff news 📉

$ BTC also saw $195M in long liquidations

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Will Ripple Power the Digital Dollar? XRP Army Thinks So 🤔

A growing number of social media users believe the U.S. digital dollar—if ever implemented—might run on Ripple’s XRP Ledger, citing XRP’s fast settlements and low transaction costs. Although purely speculative today, these views reflect broader interest in whether XRP could serve as part of a future multi-crypto reserve. With outstanding regulatory uncertainties still unresolved, XRP’s inclusion remains hypothetical for now. However, its perceived utility and scaling potential have sparked discussion about its possible role in digital currency infrastructure.

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Bitcoin rebounds above $113,000, Ethereum breaks through $3,400💃

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A whale went long on Bitcoin 40x and set a take-profit point at $125,000.🔥

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Due to factors such as the shockingly low nonfarm payroll data in the US, the probability of a Fed rate cut in September surged to 80.3%.

This week, the U.S. added only 73,000 non-farm jobs in July, far below expectations, and the data for June and May were significantly revised downward. Additionally, Federal Reserve Board Member Cugler will resign next week, allowing Trump to appoint a favored candidate early.

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British Retail Investors to Be Able to Purchase Cryptocurrency Exchange Traded Notes in October

According to the Financial Conduct Authority (FCA) of the UK, a new regulation set to take effect on October 8th, UK retail investors will soon be able to purchase cryptocurrency exchange-traded notes (cETN). cETNs must be listed on an FCA-approved UK trading platform and comply with financial promotion and consumer responsibility rules. While retail users are allowed to use cETNs, they will not be covered by the Financial Services Compensation Scheme.

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Analyst: Bitcoin retreats to key support level, with institutional buying becoming a key variable.

CryptoQuant analyst Axel Adler Jr. wrote that due to multiple macroeconomic headwinds, including weaker-than-expected non-farm payroll data (73,000 vs. 110,000 expected), the Federal Reserve's fifth consecutive on-hold policy and internal divisions, and escalating tariff tensions, global markets shifted to a "risk-off" mode. The S&P 500 and Nasdaq posted their worst performance since April, U.S. Treasury yields fell nearly 20 basis points, and gold saw inflows.

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JUST IN: 🇨🇭 The Satoshi statue has been found on the Lugano waterfront 😮

Speculation suggests the vandalism may have been the work of local youth or gang-related activity.

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🗞 August 3 2025 cryptocurrency news highlights

【Cryptocurrency】
British Retail Investors to Be Able to Purchase Cryptocurrency Exchange Traded Notes in October

【Indicators】
A whale went long on Bitcoin 40x and set a take-profit point at $125,000.🔥

【Economy】
JUST IN: 🇨🇭 The Satoshi statue has been found on the Lugano waterfront 😮

【More】
The crypto market is still experiencing a downturn, with Bitcoin briefly dipping to $112,584.🕯

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