Bitcoin Cools Off, ETH's Tug-of-War, and Altcoin Action: Your Crypto Week in Review

Cryptocurrency News Today: Market Updates & Analysis podcast.

Hey hey, it’s Crypto Willy here, your tech-savvy best friend next door, here to break down all the biggest stories, price action, and spicy market rumors shaking up the world of crypto for the week ending August 2nd, 2025.

Let’s kick things off with Bitcoin, because King BTC never sleeps. After an impressive 8% climb last month, Bitcoin cooled off, dropping to around $113,648 today. According to CoinDesk, traders are shifting to “risk-off” mode thanks to softer U.S. jobs data and global macro jitters. So don’t panic if you’re seeing red—historically, August is kind of a snoozer for crypto, with average gains hovering at just over 1.6% according to Cointelegraph. Still, market veterans know that what follows a boring August is often a wild September and even crazier Q4, so hang onto your hat!

Ethereum is having its own roller coaster. While July ended with bullish vibes, ETH’s price stumbled as August began, targeting a support zone near $3,500. Mitrade reported that despite the drop, some analysts see echoes of the legendary 2017 “crypto summer” bull run, where Ether surged 92% just in August alone. Are we due for another summer rally? Changelly’s technicals show a tug-of-war: the four-hour and daily charts look bullish, but the weekly chart is flashing more caution, with mixed moving averages. Looking ahead, crypto forecasters estimate ETH bouncing between $4,347 and $4,613 this August, so there could be some fun volatility in store.

Over in the altcoin arena, there’s plenty of noise around SUI, Chainlink, and Stellar. Coinpedia notes that these three are poised for major moves due to new protocol upgrades and DeFi integrations coming this month. Meanwhile, XRP, Solana, and Cardano are facing some headwinds—no meltdown, just choppy waters as risk appetite wanes.

Heads up for Coinbase users: the exchange just announced a wave of delistings set for mid-August. Details are still under wraps, but if you’re holding any fringe tokens, double-check your portfolio and make sure you’re not caught unawares. This move is part of Coinbase’s ongoing crackdown to streamline compliance and weed out underperforming assets.

The U.S. political scene is also stirring the crypto pot. After Donald Trump’s surprising trade deal with the EU, inflation fears seem to be easing. And big news could break fast—there’s a fresh White House crypto policy report due any day now, which could shake up everything from ETH ETF approval timelines to stablecoin regulations.

Last but not least, seasonality matters. Market watchers are pointing to August’s historic patterns where Bitcoin, Ethereum, and the S&P 500 tend to tread water after the fireworks of July—so a chill month could be a sign to stack, not slack.

Thanks for tuning in to Crypto Willy’s roundup—don’t forget to come back next week for more sweet crypto scoops and market wisdom! This has been a Quiet Please production. For more from me, check out QuietPlease.ai. Stay curious and keep stacking, friends!

Get the best deals https://amzn.to/3ODvOta

Episode Transcript

Speaker 1 (00:00):
Hey, Hey, it's crypto. Willie here, your tech savvy best
friend next door. Here to break down all the biggest stories,
price action, and spicy market rumors shaking up the world
of crypto for the week ending August second, twenty twenty five.
Let's kick things off with Bitcoin, because King BTC never sleeps.
After an impressive eight percent climb last month, Bitcoin cooled off,

(00:22):
dropping to around one hundred and thirteen thousand, six hundred
and forty eight dollars Today, according to coindesk, traders are
shifting to risk off mode thanks to softer US job
data and global macro jitters. So don't panic if you're
seeing red. Historically, August is kind of a snoozer for crypto,
with average gains hovering at just over one point six

(00:43):
percent according to coin Telegraph. Still, market veterans know that
what follows a boring August is often a wild September
and even crazier Q four, so hang onto your hat.
Etherium is having its own roller coaster. While July ended
with bullish vibes, eats price stumbled as August began targeting
his support zone near three thousand, five hundred dollars. Midtrade

(01:05):
reported that despite the drop, some analyty echoes of the
legendary twenty seventeen crypto summer bull run, where Ether surge
ninety two percent just in August alone, are we due
for another summer rally. Changley's technical show a tug of war.
The four hour in daily charts look bullish, but the
weekly chart is flashing more caution with mixed moving averages.

(01:28):
Looking ahead, crypto forecasters estimate EP bouncing between four thousand,
three hundred and forty seven dollars and four thousand, six
hundred and thirteen dollars this August, so there could be
some fun volatility in store. Over in the al coin arena,
there's plenty of noise around Sui, Chainlink, and Stellar. Coinpedia
notes that these three are poised for major moves due

(01:49):
to new protocol upgrades and DeFi integrations coming this month. Meanwhile,
x yp, Solana, and Cardano are facing some headwinds. No meltdown,
just choppy wa as risk appetite wanes. Heads up for
coin based users. The exchange just announced a wave of
delistings set for mid August. Details are still under wraps,

(02:10):
but if you're holding any fringe tokens, double check your
portfolio and make sure you're not caught unawares. This move
is part of Coinbase's ongoing crackdown to streamline compliance and
weed out underperforming assets. The US political scene is also
stirring the crypto pot. After Donald Trump's surprising trade deal
with the EU, inflation fear seemed to be easy and

(02:31):
big news could break fast. There's a fresh White House
crypto policy report do any day now, which could shake
up everything from e ETF approval timelines to stable coin regulations. Last,
but not least, seasonality matters. Market watchers are pointing to
August's historic patterns where Bitcoin, ethereum and the S and

(02:51):
P five hundred tend to tread water after the fireworks
of July, so a chill month could be assigned to stack,
not slack. Thanks for tuning in to crypto Willi's round up,
don't forget to come back next week for more sweet
cryptoscoops and market wisdom. This has been a quiet please production.
For more for me, check out quiaplease dot ai. Stay
curious and keep stacking, friends,