BTC traded at $79,713.5, up 3.23% over 24 hours, while ETH stood at $2,496.57, up 2.15%. The U.S. 10-year Treasury yield was 4.712% and gold futures traded at $4,735.6. The S&P 500 and Nasdaq 100 last closed down 0.28% and 0.98%, respectively, while WTI rose 0.21% and Brent slipped 0.04%.
1. BTC touches $80,000 as short liquidations top $220 million
On Aug. 25, BTC briefly touched $80,000 before trading at $79,713.5, up 3.23% over 24 hours. Crypto short liquidations exceeded $220 million over the same 24-hour period. Liquidation data measures leveraged positions that were forcibly closed and is not the same as spot-market inflows.
Assets to watch: BTC
2. AERO gains 14.34% as protocol volume reaches $654 million
On the morning of Aug. 25, AERO traded at $0.5382, up 14.34% over 24 hours, after reaching a session high of $0.5498. Aerodrome Slipstream recorded approximately $654 million in 24-hour volume, ranking fifth among decentralized exchanges. AERO's circulating market capitalization was about $526 million.
Assets to watch: AERO
3. VIRTUAL gains 12.14% as Solana agent-token tools go live
VIRTUAL traded at $0.8006 on the morning of Aug. 25, up 12.14% over 24 hours, with turnover of about $9.22 million. A day earlier, Virtuals Protocol released its Solana agent-token launch guide, covering automated capital formation, team pre-purchases and fee delegation. Its automated capital formation mechanism has raised more than $6.8 million for ecosystem projects.
Assets to watch: VIRTUAL
4. INJ touches $6.00 and gains 8.14% in 24 hours
On the morning of Aug. 25, INJ reached $6.000 before trading at $5.818. Its 24-hour turnover was about $20.16 million and its circulating market capitalization was approximately $578 million. INJ ranked 99th among crypto assets by circulating market capitalization at the same snapshot.
Assets to watch: INJ
5. Solana staking ETF volume reaches $108 million
During the Aug. 24 U.S. trading session, Bitwise's Solana staking ETF recorded $108 million in volume, a daily record for the product. Its XRP ETF traded more than $80 million on the same day, well above its usual volume of less than $12 million. ETF trading volume measures secondary-market turnover and is not the same as net fund inflows.
Assets to watch: SOL XRP
6. Entropy.io raises $14 million
On Aug. 25, Entropy.io announced a $14 million funding round and $40 million in HYPE staking support. Its first Anthropic pre-IPO market is now live. Entropy.io is an independent market deployer under Hyperliquid's HIP-3 framework, providing perpetual markets linked to equities, commodities, indexes and pre-IPO shares.
Assets to watch: HYPE ANTHROPIC
7. Weekly UNI burns reach a record high
On Aug. 25, Uniswap founder Hayden Adams said weekly UNI burns had reached a record high, with the current pace equivalent to 31 million tokens, or about $113 million, on an annualized basis. Token burns permanently remove the relevant amount from usable supply, although the annualized figure will change with the actual burn rate.
Assets to watch: UNI
8. CME adds three regional ENA reference rates
Effective Aug. 24, CME Group added ENA to its single-asset crypto benchmark suite, introducing U.S. dollar reference rates for the London, New York and Asia-Pacific windows, including weekends and holidays. Reference rates provide standardized pricing benchmarks and do not by themselves indicate that a related futures product has launched.
Assets to watch: ENA
9. Nvidia says Groq racks will be online this year
On Aug. 25, Nvidia said Groq racks would come online this year following its $20 billion acquisition. Groq 3 LPX has entered full production, with output of 3,400 tokens per second. Rack-scale deployment combines chips, interconnects and system software into complete AI inference infrastructure.
Assets to watch: NVDA NAS100
10. U.S. Treasury may use TGA funds for bond buybacks
On Aug. 24, a report citing people familiar with the matter said the U.S. Treasury could use nearly $1 trillion from its Treasury General Account to support bond buybacks. On the morning of Aug. 25, the U.S. 10-year Treasury yield was 4.712%, up 0.008 percentage points on the day. Treasury buybacks are primarily intended to improve liquidity and market functioning in specific securities, rather than reduce the government's net financing needs.
Assets to watch: TLT XAU
Market snapshot
BTC: $79,713.5 (24h +3.23%) | ETH: $2,496.57 (24h +2.15%)
Gold: $4,735.6 (+0.80%) | Silver: $69.38 (+1.15%)
WTI: $85.19 (+0.21%) | Brent: $92.13 (-0.04%)
S&P 500: 7,652.86 (-0.28%) | Nasdaq 100: 29,023.182 (-0.98%)