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🪙 DFI crashes 67.76% in one hour

DeFiChain's native token DFI dropped 67.76% within a single hour, falling to $0.000505.

No official cause has been confirmed for the sudden move. Drops of this magnitude in short timeframes can indicate liquidation cascades, low-liquidity sell-offs, or technical incidents — though none have been confirmed in this case.

Traders holding DFI exposure should monitor official channels for any project announcements.

Source

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🟠 Bitcoin crosses $80,000 for first time since May

Bitcoin surpassed the $80,000 mark for the first time since May, extending a seven-day rally of approximately 25%.

The move marks a significant recovery in price momentum, with Bitcoin reclaiming a level not seen in several months.

The $80,000 threshold is widely watched as a key psychological level in the current market cycle.

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📈 Bitcoin ETFs Log $2.26B Over Six-Day Inflow Streak

U.S. spot Bitcoin ETFs extended their inflow run to six consecutive trading days, adding $338 million in the latest session.

Total inflows over the streak now stand at $2.26 billion, a run that has meaningfully reduced year-to-date net outflows, which have narrowed to approximately $2.57 billion.

The sustained inflow streak signals renewed institutional appetite for Bitcoin exposure through regulated fund products.

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🪙 Zcash surges 62% to $880 ahead of issuance vote

Zcash has jumped 62% to $880 as the community prepares to vote on a proposal that would change how ZEC is issued.

The poll runs from Aug. 25 to Sept. 14. To participate, holders must have spendable shielded ZEC in the Ironwood wallet before the snapshot deadline.

The vote marks a significant governance moment for the network, with the outcome potentially altering ZEC's core monetary policy.

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🟠 Bitcoin gains 27% as U.S. debt fears drive institutional inflows

The U.S. Treasury doubled its bond buyback program as national debt crossed $40 trillion, triggering what analysts are calling a "fiscal fear trade" into hard assets.

Bitcoin posted its best weekly gain since March 2024, rising 27%, with institutional capital flowing into spot ETFs at a record pace. The move reflects growing demand for assets perceived as outside the traditional debt-based financial system.

The correlation between U.S. fiscal stress and Bitcoin inflows is becoming an increasingly watched dynamic among macro-focused market participants.

Source

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🟠 Ray Dalio recommends Bitcoin amid $60T U.S. debt warning

Bridgewater Associates founder Ray Dalio has warned that U.S. national debt could reach $60 trillion within a decade, citing weakening demand for Treasuries and deteriorating fiscal conditions as signs of a systemic debt crisis.

Dalio recommends allocating 10–15% of a portfolio to gold as the primary hedge, with "a bit of Bitcoin" alongside it as currencies weaken. He noted that recent stress in Treasury markets aligns with his long-running debt-crisis framework.

The endorsement adds weight to Bitcoin's narrative as a hard-asset alternative at a time when macro investors are reassessing sovereign debt risk.

Source

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