Latest news🚨
$BTC $ETH $XRP
📊 Key market information:
• Bitcoin fell below $115,200 due to new U.S. tariffs and overall profit-taking in the cryptocurrency markets, resulting in declines of about 3-4% in BTC, ETH, SOL, and DOGE.
• Bitcoin ended July at a record level, closing the month at $115,644, which is its highest monthly close.
• Ethereum exploded by 54% in July, significantly outperforming Bitcoin's 10% increase due to regulatory winds (GENIUS Act), ETF inflows, and corporate treasuries accumulating ETH.
🏦 Institutional and regulatory developments:
• Syz Capital is reopening its BTC Alpha fund on October 1 to raise 2,000 BTC ($200 million), indicating solid institutional demand.
• XRP replaced Ethereum as the second-largest contributor to retail trading revenue on Coinbase in Q2 2025, reaching 13% compared to 12% for ETH.
• The most profitable Bitcoin miners since the last halving, 10 out of 13 listed U.S. mining stocks outperformed BTC in July.
🔭 Macro and technical outlook:
• Cryptocurrency markets in August are at a crucial juncture, awaiting signals from Fed policy, such as the CPI report on August 12, and the Jackson Hole Symposium on August 21-23, which may introduce liquidity and volatility changes.
• Analysts have a bullish price forecast for Bitcoin this month at $133K–$140K, in line with post-halving seasonality and a technical breakout from an inverted head and shoulders pattern at $115K–$121K.
🐋 Altcoin movement and token unlocks:
• Whales are buying BNB, DOGE, TON, and other altcoins. Investors collectively added over 2 billion DOGE ($400 million) after the recent drop, and holders of BNB with ≥10K coins reached new highs in July.
• In August, tokens worth over $500 million will be unlocked, such as SUI tokens worth $210 million on August 1 and ENA tokens worth $55 million on August 2.