The crypto market rallied sharply during early Asian trading hours on Friday, with most sectors gaining between 2% and 9%, after U.S. President Donald Trump signed an executive order allowing 401(k) retirement plans to invest in digital assets, unlocking potential access to $9 trillion in long-term capital. Optimism was further fueled by expectations of easing tensions in the Russia-Ukraine conflict. Ethereum surged 5.67% to briefly break $3,900, while Bitcoin rose 2% to trade near $117,000. Standout moves included XRP’s 12.8% jump after settling its four-year SEC battle, and notable gains across PayFi, DeFi, meme, and RWA tokens. But what else is happening in crypto news today? Follow our up-to-date live coverage below.The crypto market rallied sharply during early Asian trading hours on Friday, with most sectors gaining between 2% and 9%, after U.S. President Donald Trump signed an executive order allowing 401(k) retirement plans to invest in digital assets, unlocking potential access to $9 trillion in long-term capital. Optimism was further fueled by expectations of easing tensions in the Russia-Ukraine conflict. Ethereum surged 5.67% to briefly break $3,900, while Bitcoin rose 2% to trade near $117,000. Standout moves included XRP’s 12.8% jump after settling its four-year SEC battle, and notable gains across PayFi, DeFi, meme, and RWA tokens. But what else is happening in crypto news today? Follow our up-to-date live coverage below.
[LIVE] Crypto News Today: Latest Updates for August 08, 2025 – Crypto Market Soars as Trump Greenlights 401(k) Crypto Investments, ETH Tops $3,900
The crypto market rallied sharply during early Asian trading hours on Friday, with most sectors gaining between 2% and 9%, after U.S. President Donald Trump signed an executive order allowing 401(k) retirement plans to invest in digital assets, unlocking potential access to $9 trillion in long-term capital. Optimism was further fueled by expectations of easing tensions in the Russia-Ukraine conflict. Ethereum surged 5.67% to briefly break $3,900, while Bitcoin rose 2% to trade near $117,000. Standout moves included XRP’s 12.8% jump after settling its four-year SEC battle, and notable gains across PayFi, DeFi, meme, and RWA tokens.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
Market Opportunity
NEAR Price(NEAR)
$1.837
$1.837$1.837
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The whale "pension-usdt.eth" has reduced its ETH long positions by 10,000 coins, and its futures account has made a profit of $4.18 million in the past day.
PANews reported on January 14th that, according to Hyperbot data monitoring, the whale "pension-usdt.eth" reduced its ETH long positions by 10,000 ETH in the past
Share
PANews2026/01/14 13:45
Senator Warren Tells OCC to Stop World Liberty Bank Review Amid Trump Ties
The post Senator Warren Tells OCC to Stop World Liberty Bank Review Amid Trump Ties appeared on BitcoinEthereumNews.com. U.S. Senator Elizabeth Warren has called
Share
BitcoinEthereumNews2026/01/14 12:55
The top-ranked address on the "Binance Life" leaderboard has unrealized profits exceeding $2.63 million, representing a return of over 154,341.1%.
PANews reported on January 14 that, according to on-chain analyst @ai_9684xtpa, Binance Life's stock price has surged 60% in the past 24 hours, with the top-performing
Share
PANews2026/01/14 12:56