The crypto market is flashing blended indicators, leaving buyers questioning what are the perfect crypto to purchase proper now. Whereas the worldwide market cap dropped to $3.87 trillion and main altcoins like XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) slipped into the crimson, some property are exhibiting shocking power.
Ethereum (ETH) is certainly one of them, climbing 0.37% to stay firmly above $3,800. On the identical time, Bitcoin rebounded above $118,000 as Strategy (previously MicroStrategy) confirmed a contemporary $2.46 billion BTC buy. With 21,021 extra BTC added at a mean of $117,256, Technique now holds 628,791 BTC value $74.26 billion, with an unrealized revenue of over $28 billion.
EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
MicroStrategy(@Strategy) purchased one other 21,021 $BTC($2.46B) at a mean worth of $117,256.#Strategy at present holds 628,791 $BTC($74.26B), with a mean shopping for worth of $73,277 and an unrealized revenue of $28.18B.https://t.co/y4E1N0MaJ8 pic.twitter.com/5rYrB3VKoL
— Lookonchain (@lookonchain) July 30, 2025
Bitcoin ETFs continued to draw investor curiosity on July 29, recording a web influx of $80 million. The most important contributor was BlackRock’s IBIT, which introduced in $157.6 million. In the meantime, some older ETFs like GBTC and BITB noticed outflows, with GBTC alone shedding $49 million.
Regardless of a couple of outflows, this marks the third straight day of optimistic web inflows, exhibiting that demand for Bitcoin publicity via ETFs stays robust—even because the broader crypto market cools off. Ethereum ETFs additionally noticed a web influx of $218 million.
Market sentiment stays grasping, with the Worry & Greed Index nonetheless at 63. This means the correction hasn’t shaken long-term confidence. So the place is sensible cash flowing?
FOMC Assembly As we speak: Charge to Keep, Trump Desires Powell To Lower
As we speak, Federal Open Market Committee (FOMC) concludes its two-day lengthy assembly to find out the route of US financial coverage. The choice is anticipated to be introduced few hours from now, adopted by Jerome Powell speech after. This price influences the financial system and, after all, crypto market.
Market analysts anticipate that the FOMC will keep the present rate of interest after assembly, concluding it with fifth consecutive assembly with no change, though there’s a push from the president to chop it. President Donald Trump has been vocal in his want for a price lower from Powell, even going so far as threatening to take away Powell from the chair. Sure, it was an LOL second.
From Peak to Plunge: Pump.enjoyable Faces Harsh Market Actuality
Pump.enjoyable, as soon as the dominant memecoin launchpad, is quickly shedding relevance. Daily revenue not too long ago fell beneath $300K, its lowest since September 2024, down from a $7M peak in January. Dealer curiosity has shifted towards rival platforms like LetsBonk, the place almost 20,000 new tokens launched in a single day in comparison with Pump.enjoyable’s 4,600.
Authorized troubles are compounding the platform’s downfall. A category-action lawsuit accuses Pump.enjoyable of working a fraudulent scheme, together with rigged launches and insider buying and selling. In the meantime, consumer numbers have plummeted from 425,000 in January to simply 65,000, with over 60% of wallets reportedly within the crimson.
The token worth can be in decline, down 64% from its ATH of $0.00688 to the present worth of $0.002466.
As Pump.enjoyable fades, consideration is popping towards contemporary meme narratives like TOKEN6900, a mission that’s absolutely clear about being unserious. With over $1.44 M raised in its presale and nil faux utility, T6900 leans into absurdity with unmatched self-awareness. Its vibe-first, roadmap-free faith is resonating with a brand new wave of memecoin merchants.
Pump.enjoyable may’ve pioneered quick launches, however the market now craves genuine chaos, and TOKEN6900 may simply be the following SPX6900.
$17M XRP/USD Heist: Widow of Nation Legend George Jones Victimized in Crypto Theft
What began as a suspicion of dishonest ended with an arrest for XRP/USD theft. Nancy Jones, widow of nation icon George Jones, says her longtime associate, Kirk West, stole greater than $17 million in XRP from her Tennessee house.
Dang, you by no means need to see that occur to your XRP. RIP.
Reportedly, with doubts about West’s loyalty rising, Jones requested her granddaughter to verify on her cash, solely to seek out {that a} Ledger pockets and $400,000 in money had been gone. That pockets held over 5.5 million XRP tokens.
West was picked up by police at Nashville Worldwide Airport on July 24, simply as Franklin police opened their investigation.
SEC Opens Door for In-Form Redemptions in Crypto ETFs
The U.S. Securities and Trade Fee has authorized in-kind redemptions for spot Bitcoin and Ethereum exchange-traded merchandise. This implies ETF issuers and approved members can now ship or obtain precise Bitcoin or Ether when creating or redeeming shares. Till now, that they had to make use of money. This rule change brings crypto ETFs nearer to how commodity ETFs like gold are dealt with.
Whales Favour ETH, Technique Buys BTC, and TRX Breaks Out
Whale wallets proceed to favour Ethereum. One fresh wallet acquired 12,000 ETH (round $45 million) from Galaxy Digital’s OTC desk simply hours in the past. Since July 9, 9 wallets have quietly collected 640,646 ETH, value over $2.43 billion.
Bitcoin additionally stays a best choice for buyers proper now. With Technique aggressively increasing its holdings and ETF inflows stabilizing the worth, BTC remains to be seen as the muse of most long-term portfolios.
However one shock performer is Tron (TRX). Whereas the broader market dropped, TRX jumped to $0.35 (now buying and selling at $0.335): up 75% from its 2024 low. Per CryptoQuant, Tron processed over 2.8 billion transactions within the final 12 months and generated extra income than Ethereum, Solana, and BNB Chain mixed.
With technical indicators pointing bullish and TRX trending above key resistance ranges, it’s one other title to look at intently.
The put up ETH Price Rises As The Crypto Market Falls — MicroStrategy Keeps Accumulating Bitcoin: Best Crypto To Buy? appeared first on 99Bitcoins.
