Market Round Up: August 4, 2025

Rootstone·Aug 4, 2025·3 min read

President Trump's announcement of "reciprocal" tariffs on dozens of countries led to a broad market sell-off.

Rootstone's Market Round Up

╰ President Trump's announcement of "reciprocal" tariffs on dozens of countries led to a broad market sell-off.

╰ Upcoming unlocks for tokens like Ethena (ENA), Immutable (IMX), and others are projected to flood the market with $120 million in new supply.

╰ Coinbase reported Q2 revenues below Wall Street expectations, leading to a 12% drop in its stock during premarket trading.

╰ Disappointing U.S. economic indicators, including slower job growth and manufacturing contraction, combined with the Fed's steady rates, prompted a risk-averse shift, causing Bitcoin to tank below $112,000.