🔥 Market Recap (Aug 8) - Bitcoin surged to $116K–$117K, with BTC dominance back to 60%, fueling strong rallies in multiple altcoins. 📊 Market Snapshot • $BTC: back to $117K • $ETH: pumped to $3,900 • Altcoins: strongly recovered • BTCDOM: 60.82% • Total Crypto Market Cap: $3.87T • Fear & Greed Index: 59 – Neutral • Altcoin Season Index: 37/100 🕯 ETF Flows (Aug 7) • BTC: +$277.4M (Blackrock, Fidelity, Bitwise, Grayscale, VanEck purchased) • ETH: +$222.3M (Blackrock, Fidelity, Bitwise, VanEck, Grayscale purchased) • SOL: no record --- • Ethereum transaction count on Aug 6 nearly hit the Jan 14, 2024 all-time high, driven by stablecoin activity and Uniswap trading after the US passed the GENIUS Act. • Ripple vs SEC lawsuit officially ends after four years. • Donald Trump signs two executive orders: enabling crypto investments in 401(k) retirement plans and safeguarding crypto from banking sector restrictions. • Ripple to acquire stablecoin payment platform Rail for $200M to expand its network. • launches the “Glass Full Foundation” program to inject liquidity into promising and active communities in its ecosystem. • Curve deployed on Etherlink, an EVM-compatible rollup built on Tezos. • Chainlink launches a strategic LINK reserve funded by enterprise integration revenues and on-chain services, now holding 65.5K LINK (~$1.16M). • Sharplink adds 21,959 ETH, bringing total holdings to 568,000 ETH (~$2.2B).