News/Daily Market Wrap | Aug. 06

Daily Market Wrap | Aug. 06

Aug 06,2025,16:32

Hot Topic

  • Trump promoted a White House executive order targeting  crypto discrimination banks like JPMorgan and Bank of America.
  • Gold Gains as weaker economic data boosts fed rate cut bets
  • The SEC says that liquid staking doesn’t violate securities laws

Market Updates

  • Bitcoin 90-Day Volatility Falls to record low below 40 as U.S. spot bitcoin ETFs drove steady institutional inflows.
  • Bitcoin Treasuries add 630 BTC while U.S. spot Bitcoin ETFs saw $323.5M in outflows
  • Pendle lets crypto traders bet on Bitcoin, ether funding rates with Boros platform
  • Base network says sequencer handoff failure caused 33-minute mainnet outage
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