Bitcoin is trading near $118K, showing modest gains after a brief dip. It continues to hold above key support levels in the $110K–$115K range, amid bearish chart signals like a descending triangle tension between bulls and bears. Ethereum is outperforming slightly, riding strong ETF inflows and rising demand, and its exit queue has surged to a record high as institutional players accumulate.

Altcoins are also making moves: XRP is up roughly 3–4%, while Solana has contracted slightly from its recent $809 peak to around $770–780. Market‐wide, total cap is hovering around $3.9 trillion (up ~1–2%), with daily volume near $120 billion.
Corporate activity is also drawing attention. Scores of companies have raised billions this summer to invest directly into crypto spanning Bitcoin, altcoins such as Toncoin and Litecoin to boost valuations. However, analysts warn the trend may be speculative and could unravel if token prices falter.
On the regulatory and fraud fronts, global crypto scams surged 456% year‑over‑year AI deepfakes, voice impersonations, and phishing tactics are increasingly used. Losses exceeded $10 billion in 2024. Experts caution that individual vigilance remains essential despite new regulatory measures in regions like the U.S.
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