Market Rebound Amid Eased US-Iran Tensions Supports Risk Assets
The market saw a rebound on August 5, 2026, as risk premiums eased and asset prices rose. The easing of US-Iran tensions contributed to this shift, reducing inflation expectations and supporting risk assets. All three major US stock indices closed higher, led by technology and semiconductor stocks, with ARM surging 17.36%.
BTC continued its consolidation recovery, finding support near $63,000 before rebounding above $64,000 and reaching a high of around $64,500. However, selling pressure remained at higher levels, preventing a decisive breakout after multiple attempts. The Ethereum community proposed EIP-8361 to optimize ETH issuance mechanisms and address inflationary pressure and centralization risks caused by rising staking participation.
The proposal introduces dynamic burning of validator rewards based on staking levels, with net staking returns gradually declining to zero when the staking ratio reaches around 50%. This aims to prevent excessive staking growth, reduce supply dilution, and limit concentration of staking power among large institutions. Uniswap is developing the token issuance platform 'Pools' on Robinhood Chain, while Dinari and Circle are working together to bring S&P 500 components on-chain.