[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202508121741041637133855.webp) * Market Commentary: : On August 12, BTC reached a high of $122,320, close to its all-time high, before pulling back to $118,925, with trading volume increasing by 10.5% compared to the previous day; ETH hit its annual high of $4,365 before entering consolidation, with trading volume up 23.24%. * Trending Tokens: BCH rose 2.95% driven by continuous institutional inflows; UNI gained 0.49% supported by plans to establish the DUNA legal entity; LDO increased 1.90% following SEC favorable ruling, reinforcing growth in the liquid staking ecosystem. * Alpha Insights: The crypto market declined 3.96% overall, with the AI sector dropping the most at 7.20%; crypto ETFs saw a net inflow of $419 million in one day, with ETH ETFs attracting significantly more funds than BTC ETFs; Monad BFT consensus mechanism will launch on the public testnet on August 13, marking the first EVM-compatible tail-fork-resistant protocol and drawing wide attention. Discover more details today → Gate Research: The Crypto Market Generally Enters a Rally and Pullback Phase | Institutional Funds Accelerate Inflow into ETH Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions. Gate Team August 12, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion