VOLATILE WEEKEND, XRP LEADS REBOUND, TRUMP FIRES BLS CHIEF

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04 Aug 2025
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XRP, DOGE lead crypto rebound after drop. BTC ETFs suffer 2nd largest single day outflow. Crypto ETFs bought ATH $12.8b in July. China cracks down on mainland crypto again. SEC to hold crypto roundtables across US. Buy the dips in BTC, ETH: Eric Trump. Metaplanet plans $3.7b equity raise to buy BTC. Galaxy Digital OTC whale buys $300m ETH. ETH ‘mega whales’ continue buying through dip. CFTC launches ‘crypto sprint’ alongside SEC. Binance opens BTC options writing to all users. Expect BTC to test $100k, ETH to $3k: Hayes. Coinbase stock down 19% last week. UK FCA to allow retail access to crypto ETNs. ENA leads altcoin gains as TVL tops $9bn
KryptoDesk Score: Very High
Last update: 04 Aug 2025