Crypto Weekly Recap: Trump Media Snaps Up 684M CRO; Bitcoin Faces Fed Cut Pressure; Bitget Token Jumps on $1B Burn (Aug 31–Sept 6, 2025)
The crypto market capped off a volatile week, with Bitcoin price rebounding to $113,000 after dipping under $108K, sparking talk of a looming short squeeze that could trap bears before the next leg higher.
On the news front, politics and finance collided as Trump Media scooped up 684M CRO in a landmark deal with Crypto.com, Bitget Token soared on a $1B token burn with Morph Chain, and Coinbase unveiled its Mag7 + Crypto Futures Index, blending tech stocks with Bitcoin and Ether ETFs. MemeCore’s 3,700% surge stoked hype and warnings, while Gemini’s IPO filing drew fresh scrutiny on exchange valuations.
From ETF speculation to billion-dollar burns, this week’s crypto market news highlights the…
