๐ GLOBAL CRYPTO MARKET INSIGHT | JUL 28 โ AUG 2, 2025
This week, the crypto market saw a healthy correction after Julyโs strong rally. BTC hit $123,231 before falling to ~$113K due to macro pressures and profit-taking. Total market cap dropped to ~$3.75T, with altcoins facing broader losses. BTC dominance rose to 61%, showing capital rotation toward safer assets.
๐ Institutional inflows remain strong:
โ BTC ETFs: $403M over 9 straight days
โ ETH ETFs: $2B since early July (BlackRock-led)
โ USDe (Ethena): $3.1B inflow, surpassing BlackRock stablecoin funds
The SECโs approval of in-kind redemptions boosted ETF liquidity. ETH gained from its high staking rate and reduced float.
๐ Regulatory updates:
โ U.S. GENIUS Act gives stablecoins legal clarity
โ UK lifts retail ban on ETNs
โ Algeria bans crypto; Hong Kong tightens stablecoin rules
โ๏ธ Tech & Altcoins:
โ Binance launched AI futures bot
โ Solanaโs S3 upgrade improved DeFi performance
โ PayPal expanded support to 100+ cryptos
โ SOL (+12%), TRX surpassed ADA; memecoins remained volatile
๐ฎ Outlook:
โ Short term: Rebound likely if BTC holds $110K, ETH above $3.5K
โ August targets: BTC $125โ130K, ETH ~$4K
โ Long term: BTC $200โ500K by 2025, ETH $7โ10K, driven by ETF growth and tokenized assets
โ ๏ธ Risks: macro headwinds, token unlocks (SUI, APT). Sentiment stable, but market remains sensitive to external shocks.