📈 Market Overview: Bullish Rebound Leads to $3.9–4.0 Trillion Cap
The total crypto market valuation surged by approximately $78 B to around $3.90 trillion, driven largely by the U.S.–EU trade agreement announcement
Other sources place the market cap as high as $4.01 trillion, noting a ~4% drop in the previous 24 hours before the recovery
🚀 Key Asset Performance
Bitcoin (BTC): Trading above $119K (as high as $119,458), up ~0.9% in the past 24 hours. It rebounded from recent lows and is now challenging resistance near $120K
Ethereum (ETH): Gained 2.6–3.9%, briefly nearing $3,900, supported by strong institutional inflows and ETF momentum
BNB: Surged ~6% to around $841–844 USDT, benefiting from broader market optimism and altcoin rotation.
Other Altcoins: BONK, SUI, ADA and others are picking up significant interest amid renewed bullish sentiment
🏦 Institutional & Regulatory Signals
The newly enacted GENIUS Act, signed into law on July 18, provides the first major national stablecoin regulation in the U.S., tethering stablecoins to one-to-one backing with low-risk assets—a move boosting clarity and confidence among institutional investors
JPMorgan is exploring lending against crypto holdings—a sign of growing banking sector involvement.
🐳 On-Chain Activity & Corporate Moves
Metaplanet Inc. added 780 BTC to its treasury on July 28, raising its total to 17,132 BTC, at an average cost of about $119,100 per coin
An anonymous whale deposited 50 WBTC to Binance, signaling potential profit-taking and increased volatility
🔭 Analysts’ Insights & Market Expectations
Some analysts suggest that XRP could experience significant upside, with modeled targets ranging between $9 and $22, based on technical price patterns and historical behavior
XLM (Stellar): Technical analysis identifies a bullish triangle, targeting $1.51 by July 28; if breakout occurs, a next leg up may follow
