Binance Market Update (2025-07-31)

The global cryptocurrency market cap now stands at $3.87T, down by -1.23% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $115,796 and $118,922 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $118,533, up by 0.32%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SOPH, ENA, and KERNEL, up by 21%, 18%, and 15%, respectively. Top stories of the day: Phoenix Group Adopts Bitcoin Treasury Strategy, Expands Holdings to 514 BTC in Q2 NFT Sales Surge in July, Marking Second-Highest Volume of 2025 Ethereum DApp Activity Poised for Growth Amid Rising Competition Bolivia and El Salvador Sign Agreement to Enhance Cryptocurrency Collaboration Crypto FOMC Meeting Update: How Fed Policy Could Move Bitcoin and Ethereum Prices? Bitcoin FOMC News Update: Bitcoin Weakness Before FOMC Is ‘Derisking,’ Not a Trend Reversal, Here’s What to Watch XRP News: XRP Price Risks $3 Breakdown as Ripple Co‑Founder’s $175M Transfer Triggers Sell-Off Bitcoin News: Twenty One Capital Eyes Bitcoin-Backed USD Loans, Expands BTC Holdings Gold Prices Dip After Strong U.S. ADP Jobs Data, Trading at $3,326 Altseason News Update: Altseason on Horizon as Liquidity Surges and Regulations Clarify, According to Sygnum Q3 Outlook Bitcoin News Today: 7% Dip or $141K Breakout? Bitcoin Speculators Dictate BTC Price Targets Bitcoin News: Bitcoin in Limbo? Key BTC Levels to Watch Before the FOMC Rate Decision Crypto News: Indonesia Raises Crypto Taxes on Exchanges and Miners, Exempts Buyers From VAT Ethereum Whale Wallets Jump 8% as Bitcoin Holdings Decline Binance Alpha to List Gaia (GAIA) With Two-Phase Airdrop Event Eurozone GDP Surprise May Halt Further ECB Rate Cuts Glassnode: Bitcoin’s Long-Term Holder Supply Ratio Drops 11%, Signaling Market Rotation Bitcoin News: QCP Capital Warns Bitcoin Range-Bound as USD Short Squeeze Risk Looms H100 Group Adds 56.9 BTC to Holdings, Bringing Total to 685.1 BTC Nano Labs Invests in BNB Strategic Reserve Company CEA Industries Market movers: ETH: $3862.7 (+1.81%) XRP: $3.1674 (+2.01%) BNB: $809.85 (+1.25%) SOL: $181.84 (+1.21%) DOGE: $0.22468 (+1.69%) TRX: $0.3257 (-2.37%) ADA: $0.7864 (+1.71%) WBTC: $118444.08 (+0.45%) XLM: $0.4265 (+2.65%) SUI: $3.9198 (+4.13%) Top gainers on Binance: SOPH/USDT (+21%) ENA/USDT (+18%) KERNEL/USDT (+15%)