🚨 Crypto Market Update: August 1, 2025

🔴 Market Mood: Bearish vibes today as U.S. tariffs rattle risk assets. Total market cap down 7% to ~$3.82T. Watch support at $3.62T or a potential bounce to $3.85T!

📊 Bitcoin ($BTC ): Trading at ~$115K, testing $117K support. RSI (56.89) signals consolidation. ETF inflows ($157M on July 28) keep bulls hopeful, but leverage liquidations add volatility. 🎯 Resistance: $120K.

📈 Ethereum ($ETH ): Holding $3,700 support, down 3.7%. Weekly gains (+25.6%) fueled by $850M ETF inflows. RSI (82.66) screams overbought—possible pullback to $3,191 (20-day EMA).

🔥 Hot Picks:

Solana (SOL): Down 4.5% to $172, but scalability upgrades could push it to $270. Resistance at $495.

$XRP : ~$3.10, eyeing $4.14–$5.25 in 2025 with airdrop hype (1.2B NIGHT tokens).

Dogecoin (DOGE): ETF approval odds (80%) spark memecoin buzz.

⚠️ Trader Tips:

Short-term: Tight stops on BTC/ETH due to tariff-driven volatility.

Long-term: Layer-1s (SOL, ADA) and gaming/NFT tokens show strength.

Stay cautious: Overbought signals and global trade news could trigger dips.

💬 What’s your play today? HODL, trade, or wait? Drop your thoughts! 👇 #CryptoUpdate📊 #BinanceSquare #TradeSmart