Daily Crypto & Economic Pulse – August 1, 2025
Global markets remain tense as the U.S. approaches the August 1 deadline for new tariff policies under President Trump, sparking volatility in traditional and crypto assets alike. Bitcoin ($BTC) consolidates near $118K, with analysts flagging a potential breakout due to tightening Bollinger Bands and a bullish pennant pattern. Meanwhile, gold—a traditional safe haven—edges higher amid trade uncertainties, reflecting investor caution.
Monero (XMR) continues to draw attention as regulatory scrutiny over privacy coins intensifies in Europe. Rumors of protocol upgrades to enhance ring-signature efficiency could bolster its appeal for anonymity-focused users.
Pepe (PEPE), the meme coin, gains traction with a new NFT-collaboration roadmap, aiming to expand its utility beyond speculative trading.
Metaplex (MPLX), a DeFi lending platform, is testing a cross-chain liquidity pool, targeting institutional borrowers—a move that could disrupt traditional credit markets.
Political risks loom as the Fed’s stance on rates remains hawkish, dampening risk appetite. However, crypto’s narrative as a hedge against trade wars and inflation persists, especially with Bitcoin’s "digital gold" status resurfacing in debates. Watch for tariff-related announcements today, which could trigger cross-asset volatility.
Stay tuned for tomorrow’s pulse!