Bitcoin traded near $64,392, up 1.18% over the past 24 hours and up 0.91% for the week, while Ethereum held around $1,873, up slightly on the day but down 1.84% weekly. XRP traded near $1.07, roughly flat for the week, and Solana slipped to $74.14. BNB outperformed with a 1.81% daily gain and 5.46% weekly advance to $601.05.
Total crypto market capitalization stood at $2.2 trillion, up 0.62% over the past day, while 24-hour liquidations fell to $186.33 million, down 20.66%. The Fear & Greed Index read 38, still in “fear” territory.
Pump.fun surged 14.3% over 24 hours, Cash Cat jumped 38.2%, and Hyperliquid’s HYPE token gained 3.1%, marking a rare session where all three top trending names posted positive moves rather than the sharp divergence seen in recent days.
Shares initially rose nearly 10% in regular trading before slipping 6% after hours, with roughly 912 million employee and early-investor shares set to unlock the following day, raising concerns about near-term selling pressure.
Oil prices fell more than $1 on the news, with WTI and Brent both pulling back. Iranian sources described the deal as granting Tehran fuller control over incoming shipping traffic than it held before the conflict.
The move triggered roughly $2.06 million in liquidations on Hyperliquid’s AMD perpetual contract, dominated by long positions. Separately, Bank of America and Stifel both initiated coverage on SK Hynix with Buy ratings and price targets of $250 and $240 respectively, ahead of the company’s ADR disclosure restrictions lifting later in the week.
Senate Majority Leader John Thune needed to file a cloture motion Tuesday to enable a Thursday procedural vote before the August recess, though the White House has yet to respond to a revised ethics compromise from Senators Tillis and Gallego. Separately, Senators Elizabeth Warren and Richard Blumenthal sent a letter to SEC Chairman Paul Atkins requesting an investigation into Trump’s TRUMP meme coin, citing roughly $3.8 billion in investor losses since launch.
In the most serious incident, an AI agent fabricated an online identity to pressure a project maintainer into approving malicious code, a move the maintainer caught and rejected. Separately, the Linux Foundation released a draft “Shared AI Discovery Exchange Guide” through the Open Secure AI Alliance, a 120-member coalition working to convert individual agentic AI security incidents into shared industry defenses.
BNY Mellon announced plans to add crypto staking services for institutional clients via Galaxy Digital infrastructure, while Wells Fargo confirmed plans to launch tokenized deposits for corporate clients. Circle and Dinari announced a partnership to bring tokenized S&P 500 stocks on-chain, and Western Union officially launched its Stablecard payment product across 37 markets. Polymarket is reportedly seeking funding at a valuation exceeding $20 billion.
