🚨 Market Update: Bitcoin Tries to Hold $60K Amid Rate Cut Talks 📰
As of July 30, 2025, the crypto market is showing cautious optimism after rumors of a potential U.S. Fed rate cut in August. Here’s what’s moving the charts today:
🔹 Bitcoin (BTC) is hovering around $60,200, up 1.3% in the last 24 hours but struggling to break past resistance at $61K. Analysts point to strong sideways consolidation.
🔹 Ethereum (ETH) is gaining traction above $3,400, fueled by renewed interest in tokenization and Layer 2 DeFi protocols, particularly after the adoption of EigenLayer staking derivatives.
🔹 Altcoin Spotlight:
APT (Aptos) is up 9% today after a report revealed new institutional partnerships in Asia.
OP (Optimism) has fallen 4%, likely due to profit-taking after last week’s airdrop incentives ended.
🧠 My Take: With macros favoring risk assets (if the Fed softens), we might see buyers step back in — but the volume remains relatively low. I’m watching BTC’s $61K and ETH’s $3,550 as key levels. Accumulation zones seem active below current prices.
💬 What are your thoughts? Are you buying this dip or staying patient?
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