Bitcoin Holds Steady Near $118K Amid Greed-Driven Market
Bitcoin (BTC) continues to trade around $118,000, reflecting neutral-to-bullish sentiment. Changelly analysts project a potential rise to $119,450.26 by July 28, supported by a Fear & Greed Index score of 72 (‘Greed’).
Long-term holders show remarkable resilience, with Glassnode data confirming most wallets holding BTC for over a year remain inactive despite recent volatility.
Ethereum Gains Momentum at $3,810
Ethereum (ETH) climbed 1.68% to $3,810, buoyed by institutional interest in BlackRock’s ETH ETF. IntoTheBlock reports over 90% of ETH holders are now profitable – the highest level since December 2024.
Whale activity intensified as Justin Sun moved 60,000 ETH ($226M) from Binance to a private wallet.
Read more: USDT vs Ethereum: A Comparison of Risks and Stability
Altcoin Roundup: Mixed Signals Across Major Tokens
Solana (SOL): Trading at $185.60 with conflicting technical indicators. Some analysts foresee bullish continuation while others warn of pullbacks.
XRP: Consolidates at $3.18 amid high market greed (Index: 72).
Cardano (ADA): Price predictions vary between $0.79-$1.02 for July.
Dogecoin (DOGE): Tests critical trendline at $0.23, with potential bullish reversal patterns emerging.
Read more: Cardano vs Solana: Which is Better for Investment?
Stablecoin Landscape: Regulatory Winds Reshape Sector
USDT maintains dominance with $162B market cap, though the GENIUS Act may force operational changes.
USDC ($64B market cap) benefits from Circle’s proactive compliance approach. DAI faces unique challenges due to its decentralized collateral model.
Read more: USDT vs USDC: What’s the Different?
Breaking News: Security & Infrastructure Updates
Hack Alert: $3.1B lost to crypto exploits in H1 2025, affecting Bybit, BigONE, and CoinDCX.• Cronos Upgrade: Version 6.0.0 of Cronos POS Chain launches July 28, promising enhanced scalability.
