Crypto Market Today: Bitcoin, Ethereum & Altcoin Analysis (31 July 2025)
📊 Market Overview – 31 July 2025
The global crypto market showed moderate consolidation today, with Bitcoin and Ethereum trading in tight ranges. Traders focused on upcoming macroeconomic data as a catalyst for movement.
- Total Market Cap: $2.28 Trillion
- 24h Volume: $87 Billion
- BTC Dominance: 48.9%
₿ Bitcoin Price Analysis (BTC)
Bitcoin is currently trading around $109,250, holding above the key support at $108,000. Short-term resistance lies at $110,000.
Outlook: Neutral to Bullish
Ξ Ethereum Price Update (ETH)
Ethereum remains stable above $6,200. Momentum is slowing, but price structure is intact.
- Support: $6,080
- Resistance: $6,320
- EMA: Still supports upward momentum
🚀 Top Altcoin Movers
Several altcoins outperformed today:
- PEPE +17.2%
- ARB +14.8%
- WIF +11.9%
Solana (SOL) continues its strong recovery, closing at $185.
📈 Technical Indicators Summary
- SuperTrend: Buy across majors
- EMA (20/50): Bullish
- RSI: Neutral to Slightly Overbought
📰 Latest Crypto News Highlights
- Fidelity files updated Ethereum ETF proposal with staking.
- SEC delays decision on several crypto spot ETFs.
- India to introduce pilot for blockchain-based KYC system.
🔗 Recommended Reads
📌 Conclusion
While the market awaits catalysts, technical indicators remain in favor of the bulls. Watch for breakouts above $110K BTC and $6.3K ETH.
0 Comments