Morning Bulletin - 11.08.2025

El Salvador is preparing to launch the world’s first fully Bitcoin-based bank.

White House Crypto Council Executive Director Bo Hines has resigned from his position to transition into the private sector.

Bitcoin has surpassed $122,000 for the first time since July 14, while Ethereum has broken above $4,300 for the first time since December 2021.

At the time of writing, Bitcoin (BTC) is trading at $122,006 and Ethereum (ETH) at $4,305.

The Fear and Greed Index stands at 62, indicating a level of greed.

Key events to watch today: