[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.

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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.