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[LIVE] Crypto News Today: Latest Updates for July 31, 2025 – Bitcoin Holds $118K After Fed Keeps Rates Steady, ETH Trades Above $3.8K

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Follow up to the hour updates on what is happening in crypto today, July 31. Market movements, crypto news, and more!

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Jai Pratap

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Jun 2023

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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Last updated:

July 31, 2025

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Crypto market is flashing mixed signals today as investors digest the Federal Reserve’s decision to keep interest rates unchanged while bracing for macroeconomic headwinds. The crypto market cap is down 3.8%, yet Bitcoin has managed to hold above the key $118,000 support level despite earlier weakness, signaling cautious optimism among traders. Ethereum also remained resilient, hovering above $3,800 amid broader uncertainty fueled by looming U.S. tariffs set to kick in on August 1. While institutional activity and recent large-scale acquisitions offered brief support, the market continues to show signs of fatigue, with risk appetite tempered by global economic concerns.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.