[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market
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The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows and cautious derivatives activity reflecting a fragile backdrop.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
The post [LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market appeared first on Cryptonews.
[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market
![[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market](https://cimg.co/p/assets/empty-cryptonews.jpg)
The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows and cautious derivatives activity reflecting a fragile backdrop.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
The post [LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market appeared first on Cryptonews.