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Business · Cryptocurrency · published 2026-08-08 · via BigNewsNetwork

Record $8 Trillion in Money Markets Could Fuel Crypto Rally

Nearly $8 trillion is sitting in money market funds, the highest amount ever recorded, as investors await clearer economic signals. Bitcoin surged past $65,000 after a weaker-than-expected July jobs report increased the likelihood of a Federal Reserve rate cut.

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This summary is AI-generated and original to Mobble; the linked article is the authoritative source. Original headline: “What Is the Best Crypto to Buy in August 2026 While $8 Trillion Waits to Move.” Browse more stories.