📊 *Daily Crypto Market Overview* 📊
1. *Market Snapshot*
- *Global Market Cap*: 4.01T (down from4.06T) – *via CoinGecko*
- *Top Movers*: HASH, ETH, TRX, LEO, BCH, KCS
2. *Altcoin Insights* 📈
Ethereum (ETH) continues to outperform the majority of altcoins, driven by strong ETF inflows and steady institutional demand. While some low-cap tokens are still seeing notable gains, we remain in a profit-taking, rotation-driven market where smart entries matter.
3. *News Highlights* 📰
- *Regulatory*: SEC officially drops its case against Ripple, shifting focus to broader crypto regulation.
- *Adoption*: LiMetaplanet purchases 518 BTC valued at 61M.
- *Macroeconomics*: President Trump extends China tariff deadline by 90 days.
4. *Upcoming Key Dates* ⏩
- *Aug 12*: U.S. CPI Report
- *Aug 14*: PPI Report
- *Aug 21–23*: Jackson Hole Economic Policy Symposium
- *Sep 17*: FOMC Meeting (rate cuts anticipated)
5. *Market Outlook* ✍️
After a strong rally, markets have seen a healthy pullback. ETH remains a leader, with over *1B in ETF inflows*, compared to BTC’s 178M—showing a clear shift in institutional interest. We’re holding long positions in ETH targeting *TP3 at4580*, though short-term pullbacks to *4170* or *4030* are possible.
