Crypto And Bitcoin Market News: Key Events From The Last Week (July 30 – August 5, 2025)

1. Bitcoin Price Volatility and Market Sentiment Bitcoin experienced significant price fluctuations last week, dropping 3.4% to close below its consolidation limit of $116,000, ending a 16-day consolidation phase. The decline was driven by a risk-off sentiment fueled by macroeconomic uncertainties, including unchanged U.S. Federal Reserve interest rates and concerns over new tariffs proposed by…

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Balaji Srinivasan Advocates for Crypto in Wartime Mode to Support Global Refugees

Former Coinbase CTO Balaji Srinivasan calls for the development of robust cryptocurrency infrastructure to serve refugees and stateless individuals. Balaji Srinivasan, author of The Network State and former Chief Technology Officer (CTO) of Coinbase, issued a social media call to action regarding digital tools for displaced populations. He argues that the crypto industry must prioritize…

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