Daily Market BriefAug 7, 2025

Daily Market Brief 250807

  • Market is slightly up without dominant headlines. As of now $BTC is trading at $115,002 and $ETH is at $3,683. Bitcoin dominance stands at 61.71%.

  • News around Digital Asset Treasury companies continues to dominate the market. Parataxis has announced a merger with a SPAC to form a $640 million Bitcoin treasury company targeting the U.S. and South Korean markets, while Bakkt revealed plans to acquire approximately 30% of the publicly listed Japanese company Marusho Hotta and rebrand it as “Bitcoin JP.”

  • A few other headlines include: SBI Holdings has filed to launch two crypto-related ETFs in Japan: the Crypto-Assets ETF and the Digital Gold Crypto ETF, total trading volume of xStocks tokens has surpassed $2 billion, and Trump says he would impose a 100% tariff on chips and semiconductors.

  • Over the last 24 hours, the top three gainers were $DEXE, $REKT, and $ZBCN, while the top three losers were $FARTCOIN, $SAROS, and $IP.

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