What Happened In Crypto Market Today: Yu Token Hack, XRP ETF 2025 News

The global Cryptocurrency market continued to spike, with a total market capitalization of $4.12 trillion, down by 1.2% over the last 24 hours. Trading activity is strong, with $126 billion in daily volume. Bitcoin continued to lead with 55.6% dominance, followed by Ethereum at 13.5%. The total number of cryptocurrencies tracked till now is 18747.

Major Crypto Market Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin price climbed to $115,159, slid 0.6%, with $28.84 billion trading volume and a market cap of $2.29 2.29 trillion.

Top trending cryptocurrencies include Linea (LINEA), which surged by 14.7% to $0.03172 with strong trading volume of $545M. Pump.fun (PUMP) also gained momentum, rising 0.6% to $0.007909 on $1.4B turnover. Meanwhile, Avantis (AVNT) is up by 0.4% to $0.7986 with trading activity $474M.

Top 3 gainers: OpenxAI (OPENX) jumped 76.1% to $0.678 with a $1.36 million volume. Cudis (CUDIS) surged 63.2%, reaching $0.1575 with $39.4 million TV. Nosana (NOS) gained 49.3%, trading at $0.9138.

Top 3 losers: Yala Stablecoin (YU) down by 52.8% to $0.4555 with a $522K TV. PYTHIA dip 41.7%, trading at $0.0669 with Tv $6.7M. Humanity (H) loses 39.2%, pushing its TV $131.9 million at $0.0527.

The Decentralized Finance (DeFi) sector had a market cap of $175 billion, which represented a 1.6% loss. DeFi now represents 4.2% of the global crypto market with almost $9.3 billion in trading volume.

The market cap of the Stablecoin $293 billion, which witnessed a 0.2% rise in the last 24 hours, supported by a whopping $96 billion trading volume.

Fear and Greed Index Today

Source: Alternative Me

The Bitcoin Fear & Greed Index currently sits at 53 (Neutral), showing balanced sentiment. Yesterday’s reading was 55 (Greed), while last week's was 51 (Neutral). A month ago, sentiment was much higher at 56 (Greed). This suggests traders have shifted from strong optimism toward a more cautious outlook.

Latest Market News Today

Hyperliquid USDH Update: Native Markets has obtained the USDH ticker on Hyperliquid and will soon be deploying USDH HIP-1 and its ERC-20 token. The launch begins with a capped $800 per-transaction mint and redeem test phase, followed by the USDH/USDC spot order book and full-scale rollout. Traders can participate in early testing, especially those with large volumes, using the API.

Crypto Hack News: A hacker took advantage of YU token contracts on Polygon and minted 120 million tokens. They sold 7.71 million YU on Ethereum and Solana for $7.7 million USDC, later converting the money into 1,501 ETH, and spreading them between multiple wallets. The attacker still controls 22.29 million YU on Ethereum and Solana, plus 90 million YU on Polygon.

Galaxy Digital Solana Purchase news: Galaxy Digital Solana purchase spree, snapping up 1.2 million SOL ($306M) in the last 24 hours. Over the past five days, its purchases total 6.5 million SOL ($1.55B), tied to Forward Industries’ $1.65B private placement. Most of the tokens are now moving to Coinbase Prime custody, which is a good sign of institutional confidence in Solana.

PUMP Token news: A smart trader, DCfMe7, sold 130M $PUMP tokens for $1.11M, locking in over $2M profit after buying 360.43M tokens two months ago. He still holds 230.43M worth $1.86M. Meanwhile, whale KMhcqN withdrew another 1B $PUMP from Bybit, after 4B withdrawn earlier, now sitting on unrealized profits greater than $20.5M.

Trump Fed Rate Cut Prediction: Donald Trump predicted a “big cut” from the Federal Reserve this week as markets await a key policy meeting. The Fed rate cut is expected this September for the first time in nine months, to support growth with economic uncertainty. Investors are watching closely to see if Trump's forecast is correct in comparison to what the central bank has decided.

Interlink Latest Update: InterLink has experienced a rapid growth in its user base to over 3 million in just 6 months, fuelled by its own blockchain - the InterLink Chain. Hosting almost 30 apps in the social, gaming, AI, and finance sectors, it provides high speed, scalability, and identity verification. With dual tokens $ITL and $ITLG, backed by global institutions, InterLink targets exchange listing by early 2026.

Ripple XRP ETF News 2025: Brad Garlinghouse, CEO of Ripple, once told bankers that transactions in XRP take only three seconds to settle - compared to a $10 bank transfer taking 24 hours. The 2016 clip, shared by RippleXrpie, resurfaces as XRP gains momentum in 2025 with ETFs on the horizon and its price hitting $3.05, signaling rising institutional interest despite past SEC battles.

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