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[LIVE] Crypto News Today: Latest Updates for August 05, 2025 – Crypto Market Rebounds as Layer 2 Tokens Lead Surge, ETH Briefly Breaks Above $3,700

The crypto market saw broad gains over the past 24 hours, led by Layer 2 tokens which jumped 6.15%. Mantle (MNT) soared 16.32%, while Zora (ZORA) and Optimism (OP) rose over 5%. On the other hand, Ethereum (ETH) climbed...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

[LIVE] Crypto News Today: Latest Updates for August 05, 2025 – Crypto Market Rebounds as Layer 2 Tokens Lead Surge, ETH Briefly Breaks Above $3,700

The crypto market saw broad gains over the past 24 hours, led by Layer 2 tokens which jumped 6.15%. Mantle (MNT) soared 16.32%, while Zora (ZORA) and Optimism (OP) rose over 5%. On the other hand, Ethereum (ETH) climbed 4.48%, briefly breaching the $3,700 mark, and Bitcoin (BTC) edged up 0.29% to hover near $114,000. Despite the overall uptrend, sectors like NFTs and SocialFi posted minor losses today.

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 05, 2025 – Crypto Market Rebounds as Layer 2 Tokens Lead Surge, ETH Briefly Breaks Above $3,700 appeared first on Cryptonews.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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