Market Overview – July 29, 2025
The total crypto market cap dropped roughly 5%, down about $66 billion, settling near $3.83 trillion as traders rotated away from high-beta tokens and responded to institutional profit‑taking. Bitcoin traded sideways between $118K and $119K, showing a modest 0.6% decline, while altcoins like Cardano and Dogecoin suffered steeper losses amid ETF delays and macro caution. Spot ETF inflows continue—Bitcoin saw a record $157.1M in a single day and Ethereum added $65.2M—extending ETF demand strength despite short-term volatility.
Bitcoin (BTC)
Bitcoin is trading around $118,873, remaining range‑bound just below $120K resistance, with weakness capped by broader ETF-driven sentiment. Analysts suggest BTC could face upside toward $123K–$125K if ETFs continue to attract capital; support near $117K remains critical. Despite recent pauses, BTC maintains bullish structure—accumulation by long-term holders continues while miner sell pressure stays subdued.
Ethereum (ETH)
Ethereum holds firm above $3,700, currently near $3,873, supported by ongoing ETF inflows that totaled $5.12B in July—marking record net demand. Although ETH dipped around 2.5%, it shows resilience; technical indicators suggest overbought levels moderating after July’s 56% rally. Analysts expect a consolidation to stir rotation toward altcoins, but Ethereum remains structurally robust amid macro uncertainty.
Solana (SOL)
SOL retreated around 3–5%, currently trading near $185, after earlier strength. Even so, the asset benefits from increasing interest in Solana spot ETF filings and a shift in whale activity toward high-utility altcoins. Traders now eye support between $180–$185, with a break above $190 needed to reassert momentum toward $200+.
XRP
XRP traded near $3.16, down ~3%, pausing after failing to break past critical resistance around $3.30. Analysts flag near-term risk if key support at $2.95 fails, but the token remains under accumulation due to corridor utility and pending ETF approvals. Institutional interest and on-chain remittance volume provide structural support despite volatility.
Dogecoin (DOGE)
DOGE plunged by ~9%, trading around $0.229, breaching key support at $0.2220 amid widespread altcoin sell-offs and institutional unwinding. The sudden drop followed earlier low‑volume rallies and highlights DOGE’s speculative vulnerability during stressed market conditions. Bearish momentum will need reversal above $0.24–$0.25 before any recovery narrative resumes.
Cardano (ADA)
ADA fell over 6%, trading near $0.802, as investors rotated into safer assets. Development progress remains intact around Hydra and Mithril, but no short‑term catalyst emerged to support price recovery. ADA now needs to reclaim $0.82–$0.83 to build technical footing ahead of potential moves toward $0.90.
Shiba Inu (SHIB)
SHIB dropped modestly to $0.00001354, losing ~4%, with burn mechanics and Shibarium network usage providing some cushioning. Resistance lies near $0.00001430–$0.00001450, while investors monitor if community-driven demand can hold during broader altcoin weakness.
SUI
SUI is trading around $3.95, down roughly 6.6%, yet remains one of the more stable mid-cap tokens amid broader altcoin retraction. Its Move-based architecture continues attracting developer interest, giving it defense in volatile conditions. Analysts highlight SUI’s potential range between $3.80–$4.20, with upside contingent on momentum returning.
Kaspa (KAS)
KAS sits near $0.09965, down ~4.7%, consolidating after recent breakouts as traders retrench. Its blockDAG fundamentals still attract interest, but price action remains tethered to macro rotation behavior. Resistance around $0.11–$0.12 persists if sentiment shifts back toward high-growth assets.
Pi Network (PI)
PI trades at approximately $0.4384, down ~1.9%, remaining range‑bound ahead of its public mainnet launch. With no external catalysts yet, PI stays speculative—market attention awaits institutional listings or ecosystem milestones to trigger a breakout.
Snapshot Table – July 29, 2025
| Token | Price (Now) | 24h Change | Key Insight |
|---|---|---|---|
| BTC | ~$118.9K | –0.3% | Range‑bound under $120K |
| ETH | ~$3,873 | –2.7% | Holding above $3.7K on ETF inflows |
| SOL | ~$185.0 | –3% | Correction toward key support |
| XRP | ~$3.16 | –3% | Awaiting decision at demand zone |
| DOGE | ~$0.2295 | –9% | Breached critical support |
| ADA | ~$0.802 | –6% | Infrastructure steady during sell‑off |
| SHIB | ~$0.00001354 | –4% | Burn narrative softens |
| SUI | ~$3.95 | –6.6% | Stable relative to other altcoins |
| KAS | ~$0.0997 | –4.7% | Cooling after rally |
| PI | ~$0.4384 | –1.9% | Awaiting catalyst ahead |
The Road Ahead: ETF Flows, FOMC & Regulation
Today’s correction reflects a natural cooldown after strong July gains, with spot ETF flows still intact—Bitcoin ETFs saw $157M, Ethereum $65M, and total net inflows for the week remain robust at $1.9B (with $11.2B in July overall). However, delays in SEC approvals for altcoin ETFs and upcoming events like the July 30 FOMC meeting could inject further volatility.
Legislative anchors such as the GENIUS Act and establishment of a U.S. Strategic Bitcoin Reserve continue to underpin longer-term confidence in crypto frameworks, even amid short-term market fatigue. Investors may consider watching for proximity to support levels and ETF rulings when positioning in altcoins like SOL, SUI, XRP, and ADA as the macro narrative evolves.
