The crypto market roared back this week as Bitcoin reclaimed $118K after last week’s dip to $112K, with bulls eyeing $165K before year-end.
BNB price eyes $1K, Tron rides a $1B treasury push, and institutional adoption hits new highs as Harvard and Brown join BlackRock’s $86 billion IBIT ETF.
Meanwhile, Binance teams up with BBVA for bank-level custody, Trump-linked WLFI rolls out a stablecoin rewards program, and Cronos rallies 74% on bullish upgrades. From meme coin shakeups to Fed rate cut bets, here’s the crypto market news you need to know from August 3–9, 2025.
Scroll down for the full recap.
BNB Eyes $1K as Bullish Momentum Builds
Binance Coin is up 20% in a month, trading near $804, with analysts projecting a rally toward $1,000–$1,200 if it clears $850 resistance. Strong exchange fundamentals, ongoing token burns, and bullish chart patterns fuel optimism, though support at $777 remains key to avoiding a deeper pullback.
Bitcoin Patterns, ETF Hopes, and Treasury Buys Fuel Bull Run Talk
Analysts see a crypto bull run brewing as Bitcoin holds key bullish patterns, the Fed eyes September rate cuts, and ETF approvals for major altcoins loom. Institutional buying is rising, with over 100 companies holding BTC and others acquiring ETH, XRP, BNB, and SOL, signaling strong demand ahead of a potential altcoin season.
Harvard, Brown Join $86 Billion IBIT ETF as Institutional Bitcoin Adoption Grows
BlackRock’s iShares Bitcoin Trust (IBIT) has surged past $86B in assets, with Harvard and Brown Universities adding stakes worth $126M and $14M, respectively. Though small relative to their endowments, the moves mark a milestone for institutional Bitcoin adoption, potentially inspiring other top universities to follow suit despite lower-fee ETF alternatives available.
Binance Teams Up With BBVA to Offer Bank-Level Crypto Custody
Binance has partnered with Spanish banking giant BBVA to let clients store Bitcoin and other crypto directly with the bank, separating trading from custody. The move aims to restore investor trust after past exchange collapses, offering regulated, U.S. Treasury–backed accounts and reducing counterparty risk for both retail and institutional investors.
Trump-Linked WLFI Launches USD1 Stablecoin Rewards Program
World Liberty Financial, tied to Donald Trump, has introduced a Points Program rewarding users for trading, holding, and staking its USD1 stablecoin. Partnering with major exchanges, the scheme offers perks like fee rebates, bonuses, and potential airdrops, aiming to boost USD1 and $WLFI adoption while pushing stablecoins further into mainstream finance.
Pi Network Volume Slumps to $66M as Interest Fades
Pi Network’s trading volume sits at just $66M, far behind other altcoins, as the token lingers 90% below February highs. With no DeFi, RWA tokenization, or stablecoins on its “ghost chain,” plus constant token unlocks and no major exchange listings, demand has stalled, though a surprise catalyst could still spark a sharp rebound.
Fed Rate Cut Hopes Lift Bitcoin, Pepe, Cardano, and HBAR
Weak U.S. jobs data and dovish remarks from Fed officials have fueled market bets on a September rate cut, with odds nearing 90%. Bitcoin climbed to $114K, while Pepe, Cardano, and HBAR posted gains. Traders expect lower rates to spark another crypto rally, echoing the explosive surges of 2020–2021.
Shiba Inu Slumps as Bitcoin Penguins Lure Investors with 1,000x Hype
Shiba Inu has tumbled over 25% since June, struggling to hold key support as bearish patterns emerge. The sell-off is driving traders toward Bitcoin Penguins (BPENGU), a new meme token that’s raised $2.1M in a week. Backers claim it could surge 1,000x by year’s end, fueling speculative buzz ahead of its token launch.
Tron’s Bull Run Accelerates as $1B Treasury Plan, ETF Hopes, and DeFi Growth Fuel Rally
TRON (TRX) has surged over 65% since February, hitting $0.3330 as ecosystem catalysts stack up. A $1B treasury initiative, potential ETF approvals, and rising DeFi TVL to $5.8B are boosting momentum. Stablecoin dominance, token burns, and strong staking yields reinforce bullish sentiment, with analysts eyeing a climb toward $0.4487.
Cronos Rallies 74% in a Month, Analysts See 6x Upside
Cronos (CRO) has surged 74% over the past month, fueled by a major POS v6 upgrade, rising network activity, and speculation over ETF inclusion. A recent Golden Cross and bullish on-chain metrics point to further gains, with analysts eyeing a breakout toward $0.88, a potential 519% jump from current levels.
