Cryptocurrency
Bitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap

After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin but there was no all-time high despite the growing hopes.
The meeting between the two great powers took place during the weekend, and they jointly announced a tariff reduction and a pause on Monday morning. This had an immediate impact on BTC’s price, which jumped past $105,000 and neared $106,000 for the first time since January.
However, the asset faced a violent rejection at this point, and the bears pushed it south to under $101,000. Nevertheless, it managed to remain within a six-digit price territory and has stuck here ever since it broke above it on May 8.
More volatility was expected on Tuesday as the US CPI numbers came out. Although they were slightly better than expected, which raises the possibility of an interest rate reduction this year, at least in the eyes of many, BTC’s price remained relatively flat as it has recovered to around $104,000.
That expected volatility arrived a few days later when bitcoin dropped to $101,500 on Thursday amid reports that long-term holders have begun to offload portions of their holdings. Nevertheless, BTC has recovered most losses and now sits close to $104,000 once again.
On a weekly scale, its performance is quite sluggish, unlike ETH, DOGE, and HYPE. All three have jumped by double-digits and now trade close to $2,600, $0.23, and $28, respectively.
PI also had a big week as it faced massive volatility before and after Pi Network’s major announcement, which wasn’t a Binance listing as many anticipated, but a designated $100 million investment fund.
Market Data
Market Cap: $3.447T | 24H Vol: $120B | BTC Dominance: 59.9%
BTC: $103,900 (+0.7%) | ETH: $2,586 (+11.7%) | XRP: $2.42 (+2.4%)
This Week’s Crypto Headlines You Can’t Miss
These 5 Altseason Indicators Are All in Alignment, Is it Go Time For Altcoins? As the title of this Market Update suggests, there has been an ongoing narrative in the cryptocurrency community that an altseason has finally started. This article lists five major indicators suggesting that this relatively short period in the market has begun.
Arthur Hayes Predicts Capital Controls Will Propel Bitcoin to $1M by 2028. The former BitMEX CEO remains confident that BTC will eventually surge to $1 million. In his latest iteration of this prediction, he reasoned that such a spectacular 10x surge from the current levels would become possible due to the looming capital controls in the United States.
Bitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts. Although many believe an altseason is upon us, there are some metrics suggesting that BTC should not be counted out yet. Vital signs, such as the growing realized capitalization as well as renewed capital inflows, hint that bitcoin’s run has just started and the asset is still very much in a bull cycle.
ETH Withdrawals Surge to $1.2B Weekly as Price Nears 3-Month High. Ethereum has turned the whole narrative around it upside down in the past few weeks, and investors have started to pull out massive quantities of ETH from exchanges instead of the recent sell-offs. Its price touched a multi-month peak this week even though it was stopped above $2,700, at least for now.
Retail Bitcoin Investors Are Returning — A Sign of Renewed Confidence? Although BTC’s price rallied hard in the months after the US elections, there was no actual retail hype, unlike previous cycles. Now, though, on-chain information claims that such smaller market participants have finally reemerged, which could mean more gains in the near future but also the nearing of the cycle’s top.
Bitcoin Whales Load Up 83K BTC as Retail Sells Off: $110K Price Target in Sight? The past few weeks have seen a substantial divergence in the overall behavior between whales and smaller investors. The former cohort has continued to accumulate, while the latter has sold off some of their holdings, perhaps to realize profits during BTC’s climb above $100,000.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Hype, and Solana – click here for the complete price analysis.
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Cryptocurrency charts by TradingView.
Cryptocurrency
BlackRock’s ETH ETF Could Soon Offer Staking—SEC Filing Moves Forward

The US Securities and Exchange Commission has acknowledged BlackRock’s filing about allowing investors in its flagship Ethereum ETF to stake their assets.
Although this development doesn’t guarantee an official approval of the filing, it’s still a big step in the right direction.
NEW: U.S. SEC ACKNOWLEDGES BLACKROCK’S FILING TO ALLOW STAKING IN ITS SPOT $ETH ETF
— The Wolf Of All Streets (@scottmelker) July 29, 2025
The “acknowledged” part means that the securities watchdog has confirmed that it has received certain amendments made by the ETF issuer. Typically, the SEC also opens a public comment period, allowing stakeholders to weigh in on the matter.
BlackRock and Nasdaq submitted a 19b-4 rule change proposal that aims to allow investors using the iShares Ethereum Trust (ETHA) to stake ETH with staking rewards treated as income to the fund.
ETHA is by far the largest Ethereum ETF, and it became the third-fastest to reach a $10 billion AUM milestone within less than a year after its launch.
It continues to attract substantial net inflows. The last day in the red was on July 2, with $46.9 million leaving the fund. Since then, it has been on a massive roll, attracting nearly $4 billion in net inflows in less than a month.
The underlying asset’s price has benefited substantially from these enormous inflows, having surged by over 50% in the past month alone. Moreover, ETH is up by more than 150% since its bottom in early April and is close to knocking on the $4,000 door now.
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Cryptocurrency
Ripple Price Reversal Incoming as Investors Pull XRP Off Exchanges?

TL;DR
- XRP whales move over 80M tokens off exchanges, signaling long-term holding behavior.
- $845M in single-day losses follows co-founder’s $140M sell-off amid price pressure.
- RSI cools from an overbought zone, indicating that XRP may be stabilizing after the recent price drop.
Exchange Supply Drops Sharply
Between July 23 and July 26, the amount of XRP held on centralized exchanges dropped from around 4.45 billion to just over 4.25 billion, based on Glassnode data. This change suggests large holders may be moving their funds into cold storage rather than keeping them liquid.
According to Captain Redbeard, the shift shows users are not preparing to sell. Instead, they appear to be withdrawing assets, possibly to hold through current market conditions.
Glassnode data showed a clear decline in $XRP held on exchanges, suggesting that holders are moving assets into private wallets rather than preparing to sell pic.twitter.com/9osNr7w1M7
— Captain Redbeard ♂️ (@Brett_Crypto_X) July 29, 2025
XRP was priced at $3.15 at press time, down 3% in the past 24 hours and nearly 9% over the last week. The asset has slipped steadily since reaching a new all-time high at $3.65 on July 18. Despite this, wallet outflows have continued. The behavior suggests many holders are not rushing to exit positions.
Analyst Ali Martinez said that losing the $3.15 level could open the door to a test of $3. He added that such a move “could present a solid buy-the-dip opportunity.” That level now acts as the nearest key support zone.
Selling Spikes After Insider Move
On-chain data shows roughly $845 million in realized losses over the past day, one of the most significant single-day sell-offs this month. This followed reports that a Ripple co-founder sold $140 million worth of XRP. The move added pressure to an already declining market.
While some investors are taking profits, trading volume remains strong at $6.2 billion. XRP continues to trade well below its all-time high, and recent activity shows a cautious mood.
Momentum Builds Underneath
The BBTrend value now sits at 27.66, pointing to a shift in short-term momentum. The recent expansion in green bars indicates renewed buying interest.
Meanwhile, the Relative Strength Index (RSI) has declined to 59 against the recent peak of 72. This shift indicates that the asset is no longer overbought, and it could now stabilize.
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Cryptocurrency
Dormant XRP Wallets Spring to Life – What Does This Mean for Ripple’s Price?

After hitting an all-time high of $3.65 in mid-July, XRP has entered a phase of consolidation. The token is gradually retracing to hover around the $3.15 mark. Despite multiple attempts to break higher, XRP has faced resistance near $3.3.
This price action reflects a cooling-off period following the sharp rally from early July, when it surged from around $2.2. Interestingly, older XRP wallets are on the move again, which could impact the asset’s future price trajectory.
Old Coins Return to Circulation
XRP is still up by almost 46% over the past month while holding slightly shaky at the $3.15 support level. According to Santiment’s latest data, one important on-chain signal is the reactivation of dormant coins, which suggests renewed investor interest and participation from long-term holders.
The average age of XRP investments has dropped by 91 days and is now standing at 593 days. This means that a wave of older wallets is moving assets back into circulation. Historically, such behavior has often preceded or accompanied bullish price action, lending further weight to the current market momentum.
However, crypto analyst Ali Martinez warned that if XRP fails to hold the crucial $3.15 support level, the crypto asset could retrace to the $3 mark. While this potential dip may concern short-term traders, Martinez said it could offer a compelling buy-the-dip opportunity for investors anticipating a rebound, especially given XRP’s strong performance and recent on-chain activity.
While traders eye short-term price action, major players are taking a longer-term view – especially through large-scale XRP allocations.
XRP Gains Institutional Traction
In what appears to be a growing corporate confidence in XRP as a strategic asset, Hyperscale Data has officially launched its $10 million XRP treasury program. The company plans to provide weekly updates starting August 12, in a bid to boost transparency and investor trust.
With a possible 36-month lockup under consideration, Hyperscale’s move indicates a long-term commitment rather than short-term speculation. The latest development comes on the heels of Nature’s Miracle’s $20 million XRP plan.
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