
Cryptocurrency News July 29, 2025 — Bitcoin Rally, BNB Record, and Ethereum Growth
The cryptocurrency market is showing signs of recovery after a brief correction last week. Amid sustained investor optimism and favorable news, Bitcoin is consolidating around its recent highs, while Binance Coin (BNB) has set a new historical record. The total market capitalization remains above the psychological threshold of $4 trillion, affirming the high interest in digital assets. In this article, we will explore key news and trends on Tuesday, July 29, 2025, that are important for crypto investors to know.
Crypto Market Recovers After Correction
Following price peaks in mid-July, the cryptocurrency market experienced a slight correction but quickly resumed its upward trend. The total market capitalization is again exceeding $4 trillion and holds steady due to robust demand from both retail and institutional investors. Most leading coins are trading in the "green" today, reflecting the predominance of buyers. Optimism is supported by several factors: firstly, the emerging regulatory clarity (following the passage of initial cryptocurrency asset laws, such as in the U.S.) is improving trust in the industry; secondly, there is a continued influx of institutional capital through investment funds and exchange-traded funds (ETFs); and thirdly, the macroeconomic environment remains favorable (moderate inflation and increased investor interest in risk assets). The market sentiment index is currently in the moderate “greed” zone (around 70 points), indicating a predominance of positive expectations.
Bitcoin at $120,000
Bitcoin (BTC) continues to maintain a strong position around its historical peak. In recent days, the largest cryptocurrency has been trading in the range of $118,000 to $120,000, only 3-4% below the record $123,000 reached last week. This consolidation after a sharp rise is viewed by analysts as a healthy pause: some traders took profits, but the long-term bullish trend remains intact. Confidence in Bitcoin is further confirmed by the actions of major players: for example, MicroStrategy—one of the largest corporate holders of BTC—has announced an increase in its fundraising plan to $2 billion (up from $500 million) for further Bitcoin purchases, indicating institutional interest in accumulating positions. Additionally, there is a continued inflow of capital into spot Bitcoin ETFs in the U.S.: in recent days, total investments in these funds have risen by tens of millions of dollars, reflecting sustained interest from large investors.
Even after a slight pullback phase, Bitcoin remains the main driver of the crypto market, accounting for over half of the total market capitalization. The dynamics of BTC largely set the tone for the rest of the market, and Bitcoin's stability bolsters confidence in all digital assets.
Ethereum and Altcoin Growth
The second-largest cryptocurrency by market capitalization, Ethereum (ETH), is moving upward with confidence. This week, ETH's price approached $3,900, reaching a peak not seen in the last few years. Ethereum's growth is driven by successes within the decentralized finance (DeFi) ecosystem and strong demand for NFT tokens, as well as ongoing technical improvements to the network that enhance its efficiency and scalability. Institutional investors continue to show interest in Ethereum: specialized crypto funds and new ETFs on Ethereum are witnessing capital inflows, indicating high trust in the smart contract platform.
Among major altcoins, Binance Coin (BNB) has attracted particular attention, having recently hit a historical high of around $852. The token of the Binance ecosystem has shown strong growth amidst the overall market revival, despite previous regulatory challenges faced by the Binance exchange. Investors are once again confidently using BNB to pay for fees and engage in platform services, further supporting its price surge. XRP, the cryptocurrency of the Ripple payment network, is also strengthening. After Ripple's recent legal victory over the SEC, the XRP token surged to around $3 (its highest since 2018); currently, its price is consolidating below this level (held back by resistance around $3.30), but the overall increase over the past month has been notable, and the market is positively assessing XRP's prospects amidst legal clarity for the company.
Other prominent altcoins are also demonstrating growth. Cardano (ADA) is gradually increasing in value as it develops its blockchain platform with a scientific approach; Solana (SOL) has significantly recovered since the 2022 slump and updated local peaks, restoring investor confidence with high transaction speeds and scalability. The popular meme cryptocurrency Dogecoin (DOGE) remains in demand—the active community and periodic news (such as rumors of DOGE integration into payment services) sustain interest in the coin. The TRON (TRX) platform, widely used for issuing stablecoins, retains its place among the Top 10 due to high transaction volumes in its network. Stablecoins continue to play a crucial role in the ecosystem: the largest ones—Tether (USDT) and USD Coin (USDC)—remain pegged to the U.S. dollar and are used by investors to preserve capital during volatility. However, amid the rally, the share of stablecoins in total capitalization is slightly decreasing as some funds flow back from these supposedly "safe" assets into the market for profit.
Top 10 Most Popular Cryptocurrencies
Despite the existence of thousands of digital currencies, investors' attention is focused on a few major assets. Below is the current list of the top 10 cryptocurrencies by market capitalization as of today:
- Bitcoin (BTC) – the first and largest cryptocurrency, often referred to as "digital gold"; the main market benchmark, recently reaching a new historical maximum.
- Ethereum (ETH) – the second-largest cryptocurrency and leading smart contract platform; forms the foundation for DeFi and NFT ecosystems, steadily strengthening its position.
- XRP (XRP) – the token of the Ripple payment network for fast international transfers; its value surged due to positive regulatory changes (Ripple's legal victory) and increased trust.
- Binance Coin (BNB) – the internal token of the Binance exchange and its blockchain; used for paying fees and participating in platform services, recently updating its price record amidst ecosystem growth.
- Tether (USDT) – the largest stablecoin pegged to the U.S. dollar at a 1:1 ratio; widely used by traders to hold value amid high market volatility.
- USD Coin (USDC) – a popular dollar stablecoin from Circle and Coinbase; notable for transparent reserves and regulatory support, enhancing user trust.
- Cardano (ADA) – a cryptocurrency and blockchain platform with a scientific approach to development; ADA consistently ranks among the largest, attracting developers and long-term investors.
- Dogecoin (DOGE) – a well-known "meme" cryptocurrency created as a joke; remains a sought-after digital asset due to its active community and media attention.
- Solana (SOL) – a high-speed blockchain for scalable decentralized applications; SOL has returned to the top 10, bolstered by technical innovations and restored investor confidence.
- TRON (TRX) – a platform for smart contracts and dApps, particularly popular in Asia; the TRX token remains among the leaders largely due to its active use in stablecoin transactions.
Institutional Investors in the Crypto Market
The participation of large institutions in the crypto industry continues to grow. Banks and investment firms worldwide are launching pilot projects related to digital assets and offering clients new services—from cryptocurrency custody to trading platforms. In 2025, several Wall Street giants launched the first Bitcoin and Ethereum spot exchange-traded funds, already attracting hundreds of millions of dollars in investments, demonstrating high interest from institutional investors. Traditional financial exchanges and banks are also building infrastructure for working with cryptocurrencies: major U.S. banks are testing the use of stablecoins to accelerate cross-border payments, and payment networks Visa and Mastercard are expanding support for operations with digital currencies.
Corporations are also getting involved. A number of public companies—from IT giants to retailers—are incorporating Bitcoin into their asset balance sheets or are starting to accept cryptocurrency as a means of payment. For instance, Tesla and several other large firms continue to hold BTC in their reserves, while international brands are launching programs to accept crypto payments from customers. The real estate industry is also showing interest: for example, Christie’s International Real Estate (a division of the renowned auction house) recently established a department to handle cryptocurrency transactions, noting that demand for digital asset deals is on the rise. The influx of "long money" from institutions and corporations is making the market more resilient: the share of strategic investors is increasing, gradually reducing the impact of short-term speculation and volatile sentiments.
Analyst Predictions and Risks
Sentiment in the cryptocurrency market is predominantly optimistic, but experts urge investors to exercise prudence. A number of analysts predict further price increases in the second half of the year—up to $180,000–200,000 for BTC and up to $6,000 for ETH if current trends continue. They substantiate these expectations with limited Bitcoin supply (following the next halving), the expanding adoption of blockchain technology, and the emergence of clear regulatory frameworks in key countries. However, risks remain present. The cryptocurrency market is still extremely volatile: rapid growth periods are often followed by sharp price corrections. The regulatory environment is not yet favorable everywhere—some countries implement strict restrictions or discuss new bans. For example, in Russia, it is planned that from 2026, fines will be introduced for using cryptocurrency to pay for goods and services, reflecting the cautious attitude of some regulators. Additionally, cases of hacking and fraud involving digital assets have increased, so cybersecurity issues should be given heightened attention. A prudent diversification of investments and a long-term strategy remain the best approach to protect investors from market turbulence.
Conclusions and Prospects
The preservation of a bullish trend in the cryptocurrency market and new price records (both for Bitcoin and major altcoins like BNB) indicate that the industry is transitioning to a more mature level. Cryptocurrencies are becoming increasingly integrated into the global financial system: historic regulatory steps (such as the first laws on stablecoins in the U.S.) and record capital inflows bolster confidence in the long-term prospects of digital assets.
At the same time, the rapid development of the market demands a balanced and disciplined approach from investors. Regulatory reforms open new opportunities for the industry, but it is essential to adhere to legal norms and principles of risk management. In the coming months, attention will be focused on further steps by legislators and regulators in key markets, as well as the launch of new institutional products (such as ETFs and banking services with cryptocurrencies). Moderate caution, asset diversification, and a focus on the long-term horizon remain the optimal strategy for successful participation in the cryptocurrency market.
