Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago.<\/p>\n
But before it, bitcoin\u2019s price had recovered from last week\u2019s plunge below $115,000 on Friday and had returned to its familiar trading range between $117,000 and $119,000. The asset traded between those two lines for days ahead of the Wednesday FOMC meeting, with little to no volatility and success when it comes to breaching either side.<\/p>\n
Hours before the central bank announced its policy decision, the US GDP report<\/a> for Q2 went out, which was better than expected, showing a significant economic increase of 3%. US President Trump immediately used this opportunity to urge Fed Chair Jerome Powell to cut the rates, but to no avail.<\/p>\n To the surprise of almost no one, the US central bank left the rates unchanged<\/a> for the fifth consecutive time. BTC\u2019s price reaction was immediate as the asset slipped from nearly $119,000 to under $116,000. However, it managed to recover the losses by Thursday when it neared the upper boundary of this channel once again.<\/p>\n Nevertheless, the bears were persistent, and, after getting some assistance from Trump\u2019s latest set of tariffs against numerous countries, rejected bitcoin at that level. Within hours, the cryptocurrency\u2019s price tumbled<\/a> to a three-week low of $114,000, charted earlier today.<\/p>\n Still, BTC managed to mark its highest monthly closure at roughly $115,000 yesterday evening, even though it\u2019s 2.5% down on the week. The altcoins, though, have charted even more notable price declines compared to last Friday\u2019s valuations. ETH and XRP have slumped by 5% each, while SOL, DOGE, ADA, HYPE, XLM, SUI, LINK, HBAR, and many others have seen losses of up to 10%.<\/p>\n <\/a>Source: Quantify Crypto<\/p>\n Market Cap: $3.83T | 24H Vol: $180B | BTC Dominance: 60%<\/p>\n BTC: $115,350 (-2.5%) | ETH: $3,646 (-4.8%) | XRP: $2.98 (-4.8%)<\/p>\n Trump Administration Unveils Crypto Strategy But Omits Bitcoin (BTC) Reserve Plan<\/strong>. Another major news that came out earlier this week was the long-anticipated Digital Asset report<\/a> from the US White House. Interestingly, it mentioned different industry initiatives like stablecoins and DeFi, but failed to provide any details about the country\u2019s strategic Bitcoin reserve.<\/p>\n Ethereum Turns 10: What Will Define the Next Decade?<\/strong> It\u2019s a week for anniversaries in the cryptocurrency space, with Shiba Inu and Ethereum standing out for their fifth and tenth birthdays, respectively. Here are some of Ethereum\u2019s massive achievements<\/a> since 2015 and what might lie ahead.<\/p>\n Ethereum ETF Inflows Soar in July, Outpacing Last 11 Months Combined<\/strong>. Speaking of Ethereum, its underlying asset has been on fire for the past few months, driven to a large extent by the substantial inflows into the spot ETH ETFs. In fact, July saw more net inflows<\/a> into those financial vehicles than the previous 11 months combined.<\/p>\n Strategy Tops IPO Charts in 2025 With $2.52B Raise\u2014More Bitcoin Bought<\/strong>. Although it didn\u2019t announce a bitcoin purchase on Monday, as usual, the Saylor-spearheaded company held an IPO for 28 million shares for STRC and raised over $2.5 billion. Naturally, it used a large portion of this stash to accumulate<\/a> 21,021 BTC.<\/p>\n Bitcoin Whales Seize 68% of Supply After Adding 218,570 BTC<\/strong>. Reports<\/a> emerged after BTC\u2019s latest correction that retail investors had begun offloading sizeable portions of the asset. At the same time, though, whales have been on a buying spree and now hold<\/a> 68% of the cryptocurrency\u2019s supply.<\/p>\n Altseason in Full Swing? These CryptoQuant Charts Point to Yes<\/strong>. Whether or not this cycle will go through an altseason continues to be a heated discussion within the community. According to CryptoQuant, this relatively short period has already begun as the analytics company outlined<\/a> several factors proving its point.<\/p>\n This week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and HYPE \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n The post Fed Holds Rates, Trump Strikes With New Tariffs as Bitcoin and Alts React: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago. But before it, bitcoin\u2019s price had recovered from last week\u2019s plunge below $115,000 on Friday and had returned to its familiar trading range between $117,000 and $119,000. […]<\/p>\n","protected":false},"author":0,"featured_media":85624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85623"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85623"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85624"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Data<\/h2>\n
This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n
Charts<\/h2>\n
![<\/a>Source: Quantify Crypto<\/p>\nMarket Cap: $3.83T | 24H Vol: $180B | BTC Dominance: 60%<\/p>\nBTC: $115,350 (-2.5%) | ETH: $3,646 (-4.8%) | XRP: $2.98 (-4.8%)<\/p>\nThis Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\nTrump Administration Unveils Crypto Strategy But Omits Bitcoin (BTC) Reserve Plan<\/strong>. Another major news that came out earlier this week was the long-anticipated Digital Asset report<\/a> from the US White House. Interestingly, it mentioned different industry initiatives like stablecoins and DeFi, but failed to provide any details about the country\u2019s strategic Bitcoin reserve.<\/p>\nEthereum Turns 10: What Will Define the Next Decade?<\/strong> It\u2019s a week for anniversaries in the cryptocurrency space, with Shiba Inu and Ethereum standing out for their fifth and tenth birthdays, respectively. Here are some of Ethereum\u2019s massive achievements<\/a> since 2015 and what might lie ahead.<\/p>\nEthereum ETF Inflows Soar in July, Outpacing Last 11 Months Combined<\/strong>. Speaking of Ethereum, its underlying asset has been on fire for the past few months, driven to a large extent by the substantial inflows into the spot ETH ETFs. In fact, July saw more net inflows<\/a> into those financial vehicles than the previous 11 months combined.<\/p>\nStrategy Tops IPO Charts in 2025 With $2.52B Raise\u2014More Bitcoin Bought<\/strong>. Although it didn\u2019t announce a bitcoin purchase on Monday, as usual, the Saylor-spearheaded company held an IPO for 28 million shares for STRC and raised over $2.5 billion. Naturally, it used a large portion of this stash to accumulate<\/a> 21,021 BTC.<\/p>\nBitcoin Whales Seize 68% of Supply After Adding 218,570 BTC<\/strong>. Reports<\/a> emerged after BTC\u2019s latest correction that retail investors had begun offloading sizeable portions of the asset. At the same time, though, whales have been on a buying spree and now hold<\/a> 68% of the cryptocurrency\u2019s supply.<\/p>\nAltseason in Full Swing? These CryptoQuant Charts Point to Yes<\/strong>. Whether or not this cycle will go through an altseason continues to be a heated discussion within the community. According to CryptoQuant, this relatively short period has already begun as the analytics company outlined<\/a> several factors proving its point.<\/p>\nCharts<\/h2>\nThis week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and HYPE \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\nThe post Fed Holds Rates, Trump Strikes With New Tariffs as Bitcoin and Alts React: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago. But before it, bitcoin\u2019s price had recovered from last week\u2019s plunge below $115,000 on Friday and had returned to its familiar trading range between $117,000 and $119,000. […]<\/p>\n","protected":false},"author":0,"featured_media":85624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85623"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85623"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85624"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947.png\"){kind=link}