Binance Market Overview ā July 29, 2025 As per the latest data from CoinMarketCap, the total global cryptocurrency market capitalization is now at $3.92 trillion, reflecting a 0.76% decline in the past 24 hours. Bitcoin (BTC) saw price movement between $117,428 and $119,273 during the same period. As of 09:30 AM (UTC), BTC is trading at $118,892, showing a modest increase of 0.05%. The broader crypto market is displaying mixed performance among leading coins. However, some altoins have stood out with strong gains:
OMNI: +138% CFX: +42% BANANAS31: +20% š° Key Headlines: U.S. House pushes forward Anti-CBDC legislation amid a broader push for crypto regulation. Bitmine analysts now estimate Ethereumās āresetā fair value to be around $60,000. Markets currently price in a 65% chance of a European Central Bank rate cut in December, with growing bets for 2026. Institutional interest in Ethereum continues to climb despite recent market correction. CBOE files application to list Canary Capitalās Staked Injective ETF, signaling stronger regulatory support. A leading expert predicts that the U.S. government may soon begin investing in cryptocurrencies. Federal Reserve officials remain divided over future interest rate cuts, keeping markets uncertain. 10x Research suggests Bitcoin could pull back to $111,673, presenting a potential buying opportunity. A CryptoQuant analyst forecasts the current Bitcoin market cycle may peak by September 10. Ethereumās share of open interest across the market hits record levels. ---
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