Global markets declined as tariff concerns intensified, with the Dow Jones falling 62 points (-0.14%) to 44,111, S&P 500 dropping 170 points (-0.73%) to 6,299, and Nasdaq declining 0.65% to 20,916, as seven of eleven sectors finished in the red. The Institute for Supply Management reported that Non-Manufacturing PMI slipped to 50.1 in July from 50.8 in June, with new orders stagnating and employment weakening due to rising input costs from tariffs, while President Trump suggested "small tariffs" on pharmaceuticals could be imposed soon and hinted at semiconductor duties within the week.

The global market cap is down 0.7% over the past 24 hours to $3.72tn. The 24h volume increased 5.7% to $145.15bn.

  • In the past 24 hours, crypto liquidations increased by 48% and totaled $357.76m, with 69.5% of them long positions. ETH positions made up 31.7% of all liquidated positions.
Source: Coinglass
  • According to data from SoSo Value, Bitcoin ETFs recorded outflows of $196.18 million on August 5, 2025, marking the fourth consecutive day of institutional redemptions as investors continued to reduce risk exposure amid ongoing market volatility and tariff concerns. Fidelity's FBTC led outflows with $99.11 million in redemptions, followed by BlackRock's typically resilient IBIT posting $77.42 million in outflows and Grayscale's GBTC contributing $19.65 million, while all other major funds recorded zero activity as Bitcoin declined 1% amid broader crypto market weakness. Trading volume fell to $2.66 billion as total net assets declined to $146.18 billion and cumulative inflows since launch dropped to $53.65 billion, reflecting sustained institutional caution following the initial August 1 selloff of $812.25 million that marked a significant shift in sentiment from the record inflows seen in mid-July when funds attracted over $1 billion in single-day investments.
US BTC Spot ETFs. Source: SoSo Value
  • According to data from SoSo Value, Ethereum ETFs recorded modest inflows of $73.22 million on August 5, 2025, marking a significant reversal from the previous day's massive $465.06 million outflow as institutional investors appeared to stabilize their positions amid Ethereum's decline. BlackRock's ETHA dominated inflows with $88.77 million, supported by smaller contributions from VanEck's ETHV at $5.24 million and 21Shares' CETH at $3.57 million, while Grayscale's funds continued to see outflows with ETHE losing $10.91 million and ETH shedding $13.45 million, and all other major funds recorded zero activity. Trading volume fell to $1.17 billion as total net assets declined to $19.99 billion and cumulative inflows since launch reached $9.10 billion, suggesting some institutional appetite returned despite the broader crypto market weakness, though flows remained well below the peak levels seen in late July when funds attracted over $450 million in single-day investments.
US ETH Spot ETFs. Source: SoSo Value
  • Money market protocol CrediX successfully negotiated the return of $4.5 million in stolen cryptocurrency after reaching a private settlement with the exploiter who agreed to return the funds within 24-48 hours in exchange for an undisclosed payment from CrediX's treasury, with affected users set to be refunded within 48 hours.
  • Sharplink has advanced its ether strategy by acquiring $264 million worth of ETH, increasing its total staked ETH holdings to 521,939 ETH.
  • Coinbase's Ethereum layer-2 blockchain Base experienced a 33-minute outage on Tuesday after its Conductor system switched to an improperly configured backup sequencer that couldn't produce blocks, with the network fully recovering by 6:40 am UTC and the team promising infrastructure updates to prevent similar issues.
  • Galaxy Digital returned to profitability with $30.7 million in net income for Q2 2025, reversing a $295 million loss from the previous quarter, while increasing its Bitcoin holdings to 17,102 BTC (up 4,272 BTC from Q1) valued at $1.95 billion as gains in balance sheet holdings and strong global markets performance drove the recovery.