[LIVE] Crypto News Today: Latest Updates for August 06, 2025 – Crypto Market Sinks as Stagflation Fears Mount, BTC Falls to $113K, XRP Drops 4%
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Follow up to the hour updates on what is happening in crypto today, August 06. Market movements, crypto news, and more!
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Crypto markets broadly retreated after weaker-than-expected U.S. ISM Non-Manufacturing PMI data heightened stagflation concerns. Bitcoin fell 0.76% to $113,000, while Ethereum dropped 2.43% below $3,600 on early Asian trading hours. XRP is trading at $2.92, 4% down in the past 24 hours. Riskier sectors saw steeper losses, SocialFi plunged 6.04%, NFTs slid 5.56%, and meme coins fell 5.17%. Toncoin, Pudgy Penguins, and Bonk were among the biggest losers. Despite the broader pullback, select assets like Mantle (+8.55%) and Pump.fun (+5.90%) defied the trend, showing sector-specific resilience.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
- Elon Musk Grok AI Predicts Shocking XRP Price in The Next 28 Days
- This ChatGPT AI XRP Price Prediction Should Not Make Sense But It Does
- JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
- Elon Musk Accepts Dogecoin for SpaceX Payments as DOGE Stalls Ahead of Historic IPO
- XRP News: David Schwartz Just Said XRP Is Becoming a Settlement Layer for Stocks and Loans, Is the Infrastructure Actually Ready?
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- Elon Musk Grok AI Predicts Shocking XRP Price in The Next 28 Days
- This ChatGPT AI XRP Price Prediction Should Not Make Sense But It Does
- JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
- Elon Musk Accepts Dogecoin for SpaceX Payments as DOGE Stalls Ahead of Historic IPO
- XRP News: David Schwartz Just Said XRP Is Becoming a Settlement Layer for Stocks and Loans, Is the Infrastructure Actually Ready?
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2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors