Why is the cryptocurrency market up today, 07/30/2025?
The total market capitalization of cryptocurrencies (TOTAL) and Bitcoin (BTC) remained virtually unchanged in the last 24 hours. The bullish signal, however, comes from the altcoins, with Pump.fun (PMP) leading the movement with a 12% increase.
In today's news:-
The SEC approved physical ETFs for Bitcoin and Ethereum and accelerated the approval process for altcoin ETFs, marking a breakthrough for the sector. The Commission also increased the position limit for trading IBIT options tenfold, paving the way for a rise in options-based Bitcoin ETFs.