[LIVE] Crypto News Today: Latest Updates for July 31, 2025 – Bitcoin Holds $118K After Fed Keeps Rates Steady, ETH Trades Above $3.8K

2025/07/31 11:37

Crypto market is flashing mixed signals today as investors digest the Federal Reserve’s decision to keep interest rates unchanged while bracing for macroeconomic headwinds. The crypto market cap is down 3.8%, yet Bitcoin has managed to hold above the key $118,000 support level despite earlier weakness, signaling cautious optimism among traders. Ethereum also remained resilient, hovering above $3,800 amid broader uncertainty fueled by looming U.S. tariffs set to kick in on August 1. While institutional activity and recent large-scale acquisitions offered brief support, the market continues to show signs of fatigue, with risk appetite tempered by global economic concerns.

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