Daily Market Wrap | Sep. 02

Hot Topics

• El Salvador will host the world’s first government-sponsored Bitcoin conference, “Bitcoin Histórico,” in November 2025, marking an extraordinary moment in history.
• US M2 money supply rose from $21.56 trillion in January 2025 to $21.67 trillion in February 2025, a modest increase of $0.11 trillion.
• A U.S. appeals court ruled Aug 30, 2025, most Trump tariffs illegal but left them in place pending appeal.

Market Updates

• On September 2, 2025, Bunni DEX halted all smart contract operations after an exploit in BunniHub drained approximately $8.4 million across chains, traced to two Ethereum wallets.
• Ethereum will close Holesky two weeks after the 2025 Fusaka upgrade, shifting testing to Hoodi.
• Sonic community approved $150M token issuance on Sept 1, 2025, to fund U.S. ETF and Nasdaq push
• World Liberty Financial proposed a WLFI buyback-and-burn plan today to cut supply after price drop.