🚨 Crypto Market Update – July 31, 2025 🪙
🔹 Bitcoin steady around $118,500, while Ethereum climbs past $3,800 on strong ETF inflows.
🔹 Altcoins mostly green: BONK 🔥 +8%, ICP +5%, BCH +3%.
🏦 Big moves:
• JPMorgan & Coinbase to launch crypto card purchases + USDC rewards.
• Syz Capital raising $200M in BTC for institutional fund.
• RAKBANK becomes first UAE bank to offer crypto trading to retail clients.
📜 Regulation:
• U.S. passes GENIUS Act for stablecoin transparency.
• Global regulators watch crypto’s role in tax evasion.
🌍 Total market cap: $3.96T | Daily volume: $154B
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