Federal Reserve Chair Jerome Powell chose to keep interest rates steady, but his remarks on escalating inflation risks from tariffs unsettled crypto markets.<\/p>\n
Traders on leverage platforms experienced a surge in liquidations as sentiment shifted to risk-averse.<\/p>\n
$200M in Leveraged Liquidations<\/h2>\n
In less than 60 minutes, over $200M in leveraged crypto positions were forcibly unwound. Bitcoin dropped below $116K, with Ethereum falling about 3%, before both partially recovered.<\/p>\n<\/p>\n
Bitcoin quickly recovered \u2013 it is currently back above $118K, though it still logged a daily loss of about 0.8%. Ethereum stabilized around $3,750, finishing down approximately 0.6%.<\/p>\n
Currently, Bitcoin has returned to its starting point, up 0.7%, while Ethereum is up 2%.<\/p>\n
- \n
- Powell\u2019s \u2018wait-and-see\u2019 approach<\/strong>: The Fed\u2019s next meeting isn\u2019t until September, giving the board of governors two months to analyze and interpret economic data. Powell appears eager to do this. Early odds for a Fed rate cut are at 39%, according to CME Fedwatch<\/a>.<\/li>\n
- Overall market strength<\/strong>: Minus a rate hike\u2014virtually impossible\u2014the worst-case scenario was simply the continuation of the current situation. That situation looks pretty good\u2014Bitcoin trading is below but within range of its recent all-time high, the total crypto market cap is rising to nearly $4 trillion, and major tokens like $ETH are surging.<\/li>\n<\/ul>\n
Altcoins Bore Brunt of Fed-Prompted Dip<\/h2>\n
Altcoins experienced larger swings: $SOL, $AVAX, and $HYPE each declined by 4\u20135% before bouncing back; meme tokens $BONK and $PENGU dropped around 10%, then later recovered.<\/p>\n
![\"Pudgy](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/pudgy-penguins-2025-07-31.png?w=750&resize=700%2C275\")
<\/p>\nIn contrast, Meta (META) and Microsoft (MSFT) announced strong earnings after hours \u2013 stocks rising 10% and 6% respectively \u2013 bringing a stabilising tone.<\/p>\n
Matt Mena, from 21Shares, argues that the Fed\u2019s reaction may lag. With consumer spending weakening, unemployment rising, and real yields still restrictive, continued rate tightness could risk a deeper slowdown.<\/p>\n
At the same time, if the Fed raises rates in September, there\u2019s still time for a response.<\/p>\n
And on the Bitcoin front, Matt predicts<\/a> that \u2013 rate cut or not \u2013 Bitcoin could soon enter another price discovery phase and move back past $120K.<\/p>\n
Analysts believe Bitcoin could rally toward $150K if the Fed pivots by year-end. That assumes inflation continues cooling and macroeconomic pressure accelerates policymaker shifts.<\/p>\n
And it would certainly set up the best altcoins for a renewed surge.<\/p>\n
Bitcoin Hyper ($HYPER) \u2013 Building a Faster, Stronger Bitcoin Layer 2<\/h2>\n
Bitcoin Hyper ($HYPER)<\/a> knows what it\u2019s about \u2013 taking everything that makes Bitcoin the world\u2019s best-performing asset, and making it even better. That means delivering a lightning-fast Bitcoin Layer 2 solution through the Solana Virtual Machine (SVM).<\/p>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/bitcoin-hyper-benefits-2025-07-31.png?w=750&resize=700%2C402\")
<\/p>\nBitcoin Hyper leverages the SVM to deliver near-instantaneous transaction finality, low transaction costs, and easy $BTC transfers between Layer 1 and Layer 2 solutions.<\/p>\n
Bitcoin Hyper expands Bitcoin\u2019s utility to include native staking, DeFi, zero-knowledge proofs, and more. It\u2019s part of applying the original cryptocurrency\u2019s market influence to the growing world of dApps and advanced blockchain protocols.<\/p>\n
The presale is already generating hype \u2013 the project raised $6.1M in mere weeks.<\/p>\n
The token price is $0.012475, as people ask \u2013 just what is Bitcoin Hyper<\/a>?<\/p>\n
Learn how to buy $HYPER and see why we think the token could reach $0.08625<\/a> by the end of 2026.<\/p>\n
Visit the Bitcoin Hyper presale page today.<\/a><\/strong><\/p>\n
Maxi Doge ($MAXI) \u2013 Big Gainz for Big Doges<\/h2>\n
- Overall market strength<\/strong>: Minus a rate hike\u2014virtually impossible\u2014the worst-case scenario was simply the continuation of the current situation. That situation looks pretty good\u2014Bitcoin trading is below but within range of its recent all-time high, the total crypto market cap is rising to nearly $4 trillion, and major tokens like $ETH are surging.<\/li>\n<\/ul>\n
![\"Maxi](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/maxi-doge-2025-07-31.png?w=750&resize=700%2C393\")
<\/p>\n![\"Toncoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/toncoin-24-hour-performance-2025-07-31.png?w=750&resize=700%2C279\")
<\/p>\n