📊 Crypto Market Recap – July 31, 2025
BTC, ETH, and XRP Rebound After Fed Shock & Tariff Worries 🚀
After a brief dip triggered by the Fed’s hawkish tone, the crypto market is bouncing back. Here's what you need to know:
🔵 Bitcoin ($BTC)
BTC recovered overnight losses, trading around $118,544, reclaiming key support levels. Despite uncertainty around U.S. interest rates and tariffs, bullish signals on the 4H chart suggest momentum could push BTC toward the $120K mark. Keep an eye on the $115K zone — a key level amid volatility.
🟣 Ethereum (ETH)
$ETH continues to rise, now at $3,861, up over 1% today. Backed by strong institutional interest, including SharpLink and BTCS expanding ETH treasuries, Ethereum's fundamentals remain solid. If resistance at $4,000 breaks, we could see a stronger rally — but beware of a possible short-term sell signal on the MACD.
🟠 XRP
$XRP climbs to $3.16, regaining strength after testing support near $3.00. The RSI shows bullish momentum building, with eyes on a push toward $3.66 or even the $4.00 milestone. However, resistance at $3.32 could delay further gains.
💬 Macro Watch
Markets are digesting Fed Chair Powell’s cautious stance and concerns over President Trump’s looming tariffs, which could impact inflation and investor sentiment.
📌 Bottom Line
Crypto is holding firm despite macroeconomic headwinds. BTC, ETH, and XRP show resilience — and institutional demand continues to shape the narrative.
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