After the start of a bus until August, the encryption market made a courage to restore sharp losses. Bitcoin’s inch recovery is seen towards a mark of $ 114,500, while many altcoins are close to dual percentage gains in the past 24 hours.
Impressive recovery encryption shelves
according to View trading dataThe prices of cryptocurrencies increased by almost 3 % during the last day, which led to previous losses. At the time of the press, the global market value of the cryptocurrency was linked to $ 3.6 trillion, adding $ 85 billion.
The sudden increase in the prices of the encryption market is characterized by the classic Sunday pump, which has low trading sizes. Currently, daily trading volumes are 131.36 billion dollars, which represents a 12 % decrease over 24 hours.
Bitcoin chose itself from the lowest level of the day of 111,943 dollars to reach 114,453 dollars, and gained nearly 3 % in one day. Amid the increase in prices, the founder of the strategy, Michael Sailor, revealed that “winter is no longer”, which alludes to a longer prices for the first encrypted currency.
Winter is no longer. pic.twitter.com/kms2L4tu5o
Michael Saylor (Saylor) August 3, 2025
Ethereum, the second largest encrypted currency, was in approximately 3 % to $ 3500. Meanwhile, other assets in the encryption market expelled the boom of the two larger prices of the encrypted currencies to spread impressive personalities.
XRP increased by 4 % while Dogecoin and Ada clouds are 4.18 % and 5.11 %, respectively. HBAR and XLM have risen more than 10 % in the past 24 hours, while PI raised 4 % respected in the same window.
The Sunday pump follows the failure of a wide encryption market at the beginning of August, which sent the leading cryptocurrency to its lowest levels for two weeks. The accident also sparked huge flows from Bitcoin and Ethereum ETFS, both of which recorded nearly a billion losses.
Why do prices rise?
Many factors lead to the emission of the encryption market prices during the weekend. At the top of the lint, the founding players who buy DIP caused the new demand for Bitcoin and ethereum. Yesterday, Adam Bad reported the BitFinex whale purchased 300 BTC per day using a TWAP average price strategy.
Moreover, the new organizational clarity raises optimism for a longer encoding market. At the end of last week, the United States launched SEC Project Crypto to explore the distinctive symbol of the American markets, as the committee announced a group of round tables with industrial players.
On the total economic aspect of things, commercial tensions that end from Trump’s tariff led to the flow of capital as investors view Bitcoin as a hedge against instability. In addition, the risk of reducing the federal reserve rate in September increased to 80 %, which increased the Saudi novels in the encryption markets.
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Alio Bokima
Aliyu Pokima is an encrypted journalist and a tattoo of the emerging techniques with talent to cover the stories of needing needle in space. Aliyu offers urgent news stories, organizational updates, and insightful analysis with depth and accuracy. When he does not wander in the plans or the late follow -up, Aliyu enjoys playing guitar guitar, lifting weights and ran the marathon.
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Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
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2025-08-03 20:10:00
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