Crypto Holds Strong Into Key Data Day

DAILY MARKET OVERVIEW

🚨 Big Macro Day Hits

👋 Hey, Crypto Enthusiasts! The day traders have been eyeing all week is finally here, and the market is holding its breath.

🕖 Morning Dip, But Bulls Hold the Line

This morning saw more selling, likely from traders reducing risk ahead of today’s big events.

Still, BTC showed solid strength, holding above $117,000.

Ethereum also performed well, staying firmly above $3,700 - a strong signal given the pressure.

📈 U.S. Jobs & GDP Data Beat Expectations

Fresh economic data just came out:

• Job numbers came in stronger than expected

• GDP growth was also higher than forecasts

This tells us that the U.S. economy is doing better than many predicted.

But here’s the key takeaway - strong economic data gives the Fed less reason to cut interest rates anytime soon.

🗣️ FOMC Rate Decision Coming Up

In just a few hours, the Federal Reserve will release its latest interest rate decision.

According to the CME Group (the world’s largest derivatives exchange), the chances of a rate cut today are only 3.1%.

So unless there’s a big surprise, this announcement is expected to be calm.

Still, traders will be listening closely for any signs that rate cuts could happen in the near future. Even small hints in the Fed's language can move the market.

🔍 Signs of Stability

Despite early weakness, the market seems to be finding its footing.

Coinbase premium is still negative - and historically, that often appears near local bottoms for BTC and ETH.

If there are no surprises from the Fed, we could see a short-term relief rally as the market relaxes a bit.

📅 But Stay Alert - More Events Ahead

Tomorrow brings new inflation data. And don’t forget, the August 1st tariff deadline is just around the corner.

Both events could create more volatility.

So while today feels calmer than last week, the next 48 hours could still bring major moves.

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🔥 Can Altcoins Finally Outperform?

Ethereum’s rally helped altcoins regain some momentum.
Bitcoin dominance dropped from 66% to 60% in recent weeks.

However, with the market slowing down, BTC dominance is rising again and now sits near 62%.

From a technical perspective, the chart suggests that Bitcoin dominance may continue to recover - which would mean altcoins underperform again in the short term.

We see two potential outcomes:

Scenario 1: BTC Dominance Keeps Rising
Dominance could push toward 70%, causing altcoins to lag behind for the next 5-6 months. This would delay altcoin season but could set the stage for a strong rotation later on.

Scenario 2: Rejection and Reversal
Dominance might recover slightly to 63-64%, then break down and start a larger move into altcoins. This would mean a quicker altcoin rally, possibly within the next 2-3 months.

🎯 Our View

We’d prefer the second scenario - a faster move into altseason.
But right now, it’s too early to tell. BTC is still leading the market, and smart money is being cautious.

So stay patient, manage risk, and don’t rush. Survival in these moments sets you up to win when the real moves begin.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Base Surpasses Solana in Token Launches with 51K Daily Creations
Zora on Base enabled over 51,000 token launches in a day, overtaking Solana platforms Pump.fun and LetsBonk for the first time since 2023.

JP Morgan and Coinbase Link Chase Accounts to Crypto Wallets
JP Morgan and Coinbase will allow Chase customers to connect bank accounts to crypto wallets and convert reward points into crypto.

Kraken Preps $500M Raise at $15B Valuation Ahead of IPO
Kraken is reportedly seeking $500 million in funding ahead of a planned IPO in early 2026, following regulatory clarity in the U.S.

Visa Flags Low Stablecoin Use, Urges Clear Regulation
Visa reported only $200M in stablecoin volume last quarter and said broader adoption depends on better regulation and global clarity.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Lark Davis – Dogecoin: Insane Long Opportunity or Insane to Even Try??? (30.07.2025 Summary)

Dogecoin is still in the top 10, but is it the best meme coin to bet on this cycle? Here's Lark's view:

• Lagging behind: Other major coins like Solana and BNB have hit new highs. Doge hasn't come close to its 2021 peak of $0.74.
  

• 2021 was a one-off; Back then, Doge had no real competition and got a huge boost from Elon Musk. That mix isn’t here anymore.
  

• Hard to chart: Doge blew past normal price patterns in 2021, so typical tools like Fibonacci levels aren’t very useful now.
  

• Bitcoin is beating it: Since early 2023, Bitcoin is up 479% - Doge is only up 252%. If that continues, Doge may only reach $0.31 even if Bitcoin hits $200K.

• Possible targets if it pumps
  

  • $1.00 - 4x from here

  • $1.55 - 6x

  • $2.56 - 11x (unlikely)

Too much competition: Lark thinks newer meme coins like Pepe and Bonk offer better upside. Traders chasing big returns are looking elsewhere.

Doge might get a short-term boost - maybe from an ETF or renewed hype - but it's unlikely to relive its 2021 run.

Ivan On Tech – BITCOIN: BIG MOVE AHEAD (this time is not different) (30.07.2025 Summary)

Ivan believes Bitcoin is on the edge of a major move - and now is not the time to lose focus.

• Right now, the market is flat. Bitcoin is sitting around $118K, altcoins are drifting, and everything feels quiet. But according to Ivan, this is typical just before big breakouts.
  

• The long-term trend is still bullish. On the weekly chart, Bitcoin is simply consolidating. Ivan expects a breakout toward $150K, with altcoins likely to follow.

Markets are hesitating ahead of the FOMC meeting. A rate cut today is unlikely, but if the Fed signals a cut in September, Ivan expects a sharp rally to begin immediately.

He also points to strong institutional demand, with Strategy and other treasury buyers continuing to accumulate. US stablecoin regulation is another tailwind, opening the door to more liquidity.

His message is clear: Stay in the market. Don’t get shaken out.
The cycle is playing out as expected - and the next leg up could be huge.

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