📉 Market Overview & Performance

Total market cap shrank by approximately $150 billion, landing near $3.70 trillion, marking a 1.2% drop in 24 hours.

Bitcoin (BTC) is trading around $113,980, down about −1.37%, with dominance rising to ~61.3%.

Ethereum (ETH) fell roughly −3.7%, trading at approximately $3,505.

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💥 Liquidity & Liquidations

Over $800 million in crypto positions were liquidated across markets—ETH accounted for ~$262M and BTC ~$228M.

Arthur Hayes triggered notable selling: offloaded 2,373 ETH ($13.35M total) during this decline.

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🏦 Macro & Institutional Drivers

Institutional buying remains the key to the next crypto leg up, according to Tom Lee of Bitmine. He says Wall Street continues accumulating both Bitcoin and Ethereum quietly.

He forecasts BTC hitting $250K if the Fed eases later this year.

The U.S. GENIUS Act, enacted in mid-July, continues to support stablecoin regulation, boosting Ethereum’s role in the crypto ecosystem.

Project Crypto, led by the SEC under Paul Atkins, is shifting toward clearer regulatory frameworks and on-chain finance infrastructure, helping major crypto firms like Coinbase, Circle, and others.

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🪙 Select Token Highlights

Ethereum (ETH)

Despite a drop, ETH remains a core institutional favorite due to stablecoin infrastructure and rising ETF inflows.

Dogecoin (DOGE) & Remittix (RTX)

DOGE is projected to rise to between $0.20–$0.215 in early August, potentially hitting $0.232 by August 10, according to analysts. Longer-term price targets of up to $1 remain speculative.

Remittix (RTX) is highlighted as a fundamentally stronger token, offering real utility via staking, a cross-chain wallet, and payment use cases—touted by some as a possible next “100×” altco#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport #FOMCMeeting