Markets Today: Bitcoin, Ether Hold Gains as Ethena Hits $11.9B TVL, Pudgy Penguins Race to F1

Aug 12 2025 bitcoin


Futures positioning points to profit-taking in BTC and ETH as open interest falls, while DeFi protocol Ethena joins the $10B club and meme token PENGU secures high-speed exposure at the Singapore Grand Prix.

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