$BTC

$ETH

$SOL

🌐 Overall Market Dynamics

The global crypto market cap is around $3.72–3.75 trillion, down ~6.5% from July highs, a result of profit-taking—not panic selling .

Bitcoin is consolidating near $114K, showing cautious strength despite cooling ETF inflows and some institutional reservations .

Altcoins, including ETH and SOL, are underperforming BTC. ETH is down ~0.8%, SOL down up to 3% .

Experts caution that selling now could be premature, as this correction looks short-lived and may set up for renewed momentum, especially in alt sectors .

🔍 Key Drivers & Upcoming Catalysts

Sec policy pivot (“Project Crypto”) under SEC Chair Paul Atkins is reducing regulatory uncertainty and encouraging institutional re-entry into crypto markets .

The passage of the GENIUS Act, setting strict backing for stablecoins, boosts industry credibility and adoption .

Institutional accumulation continues, with publicly traded companies scaling BTC treasuries; sentiment for large-cap cryptos remains strong .

Macro events like inflation data, Fed commentary (esp. rate cut signals for September), and geopolitical tension may fuel intramonth volatility .

🚀 What to Expect: Market Outlook

Analysts point to a bullish tilt: Bitcoin could trade toward $128K–136K by late August, with models projecting $140K+ if ETF inflows resume .

Ethereum may reclaim ground toward $4,000 on continued ETF momentum and DeFi activity, while altcoins with unique narratives (DeFi, RWA, scalability) are likely to lead rebounds .

Meme coins are drawing new investor interest—expect renewed activity in LILPEPE, SHIB, FLOKI, DOGE—and broader altcaps benefiting from risk-on sentiment .

➡️ DYOR .

PLEASE FOLLOW , Like and Share for more information and updates.