Bitcoin News Today: Crypto Market Slides 4.8% Amid Fed Uncertainty, ETFs Draw $79.98M Inflows

The crypto market experienced a broad decline on July 30, 2025, with 92 of the top 100 cryptocurrencies by market capitalization trading in the red. The total market cap of cryptocurrencies dropped by 4.8% over the past 24 hours, falling to $3.95 trillion, while trading volume reached $146 billion. Bitcoin (BTC) and Ethereum (ETH), the two largest digital assets, both recorded minor declines, with BTC trading at $118,159 and ETH at $3,817. The top-performing altcoin of the day was XDC Network (XDC), which rose 9.4%, while Bonk (BONK) saw the largest loss with an 11.2% drop.

The subdued market sentiment was exacerbated by uncertainty around the U.S. Federal Reserve’s interest rate decision. Katalin Tischhauser, Head of Research at Sygnum Bank, noted that the FOMC was widely expected to maintain its current rate, as the effects of recent tariff policies on inflation remain unclear. While a rate cut was considered unlikely, expectations for a potential cut in September have begun to wane, with probabilities now hovering between 50% and 60%. Investors are closely watching not only the Fed’s decision but also key economic reports including Q2 GDP data and July employment figures.

Despite the dip, institutional interest in the crypto market remains strong. U.S. Bitcoin spot ETFs recorded inflows of $79.98 million on Tuesday, bringing the cumulative net inflow to $55.06 billion as of July 29. BlackRock dominated the inflow activity, taking in $157.55 million. Similarly, U.S. Ethereum spot ETFs extended their streak of positive flows to 18 consecutive days, adding $218.64 million in inflows on Tuesday. These ETFs have now accumulated a total of $9.62 billion in net inflows. BlackRock again led the charge with $223.73 million in inflows, while 21Shares experienced a minor outflow.

The crypto fear and greed index remained at 63, indicating a balance between optimism and caution. Market participants are awaiting clearer signals from macroeconomic developments and regulatory decisions. The approval of in-kind creation and redemption processes for crypto ETFs by the U.S. Securities and Exchange Commission (SEC) is seen as a positive step toward greater market efficiency. This development could further encourage institutional adoption by streamlining the logistics of ETF management.

Notably, Michael Saylor’s Strategy (formerly MicroStrategy) completed the largest U.S. IPO of 2025, raising $2.521 billion and acquiring 21,021 BTC. The company now holds a total of 628,791 BTC, acquired at an average price of around $73,277. The move underscores the growing institutional confidence in Bitcoin as a long-term asset.

In the broader market context, crypto prices are viewed by some analysts as experiencing a typical short-term correction rather than a long-term downturn. Matthew McPhee, CFO of Xapo Bank, emphasized that Bitcoin’s recent performance—marked by reduced volatility and institutional inflows—signals its maturation as a financial asset. Meanwhile, Ignacio Palomera of Bondex highlighted the increasing utility of altcoins in sectors like DeFi, AI, and gaming, suggesting that the focus is shifting from speculation to real-world application.

Looking ahead, investors are advised to remain cautious and patient. “This is a marathon, not a sprint,” Palomera noted, emphasizing the importance of endurance in navigating the evolving crypto landscape. The coming weeks will likely bring further clarity from both regulatory and macroeconomic fronts, which could influence the trajectory of the market. For now, the market remains in a holding pattern as it awaits more definitive developments.

[1] Source: [1] Why Is Crypto Down Today? – July 30, 2025 (https://cryptonews.com/news/why-is-crypto-down-today-july-30-2025/)