The crypto market is showing mixed signals today, with Bitcoin hovering around $114K and Ethereum briefly breaking above $3,700 before settling slightly lower. BTC is caught in a low-liquidity “air gap” between $110K and $116K, raising concerns about further downside if demand doesn’t return. While Layer2 tokens like POL and Mantle jumped over 8%, and CeFi assets like BNB and CRO saw modest gains, sectors like Meme, PayFi, and AI posted losses. Market conviction remains weak, with ETF outflows and cautious derivatives activity reflecting a fragile backdrop. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for August 07, 2025 – Bitcoin Drifts in Fragile Range as Layer2 and RWA Tokens Outperform appeared first on Cryptonews .
![[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – Bitcoin Drifts in Fragile Range as Layer2 and RWA Tokens Outperform](https://resources.cryptocompare.com/news/52/49673433.jpeg "[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – Bitcoin Drifts in Fragile Range as Layer2 and RWA Tokens Outperform")
