Daily Crypto & Economic Pulse – July 31, 2025
Global markets remain cautious as the Fed holds interest rates steady at 4.25%-4.5%, signaling no imminent rate cuts despite softer inflation data. This macroeconomic backdrop weighs on crypto sentiment, though Bitcoin ($BTC) maintains resilience within its $116K–$120K consolidation range. Meanwhile, regulatory shifts loom as the White House proposes sweeping crypto tax reforms, targeting wash-sale loopholes and market-based asset valuation—a move that could reshape trading strategies if enacted.
Chromia ($CHR): The relational blockchain platform is gaining traction with its scalable dApp framework, recently partnering with enterprise clients to integrate decentralized databases for supply chain solutions.
Kaspa ($KAS): The GHOSTDAG protocol’s energy-efficient PoW model continues to attract miners amid Ethereum’s post-Merge dominance, with testnets for smart contract compatibility underway.
ApeCoin ($APE): Yuga Labs’ metaverse pivot fuels development, as ApeCoin staking expands utility in the Otherside virtual land ecosystem, though adoption hinges on broader NFT market recovery.
Geopolitical tensions add volatility: Trump’s threat of 25% tariffs on Indian imports and secondary sanctions on Russian oil buyers could disrupt commodity flows, indirectly pressuring risk assets like crypto. Investors eye the Fed’s September meeting for clearer signals.
Stay tuned for tomorrow’s pulse!