The global cryptocurrency market experienced a slight decline today, with the total market cap dropping by 0.07%. Bitcoin (BTC) has shown notable volatility over the past 24 hours, trading between $109,329 and $112,999 before closing at $112,219, a gain of 1.27% according to CoinMarketCap data. Major cryptocurrencies saw mixed performance today. RED, SOMI, and ALPINE led the gains with increases of 57%, 36%, and 18% respectively. 09:30 AM UTC marked the start of a busy day for the market with various notable stories emerging.
Binance recognized as a leader in crypto investigations and security at ISCR 2025. Public companies are increasingly accumulating Bitcoin, holding over 1 million BTC and 5.1% of the total supply. The European Central Bank is pushing for the development of a digital euro while navigating privacy concerns and banking risks.
Meanwhile, Dogecoin’s ETF launch in the U.S. could be imminent, with Bloomberg stating that it may happen next week. SEC reports revealed loss of former Chair’s text messages due to technical issues. Economists are predicting potential changes in August employment data. South Korea introduced guidelines for virtual asset lending services.
Dogecoin news includes a $1.40 price target based on the launch of its treasury, while analysts are eyeing 550% rally. XRP is facing market downtrend but with high potential upside according to on-chain data.
The US jobs report released today revealed slowing growth while the Fed weighs rate cuts. Trump discussed tariffs with tech leaders on semiconductors. Bitcoin continued to trade near $111k, consolidating above the crucial support zone of $108k. XRP news showed 85% upside despite a downtrend.
SEC delayed decision on 21Shares’ spot SUI ETF. Regulations are impacting X Money’s operations and market players such as ETH, XRP, and BNB saw slight fluctuations. Finally, the U.S. Senate Banking Committee will release market structure legislation and Fed nominee Milan commented on tariffs and inflation.