Market Update – 29 July 2025 | English
The market is under strong selling pressure today. The Fear & Greed Index has dropped to 63, indicating weaker sentiment. BTC dominance has increased to 61.52% (+0.20%), but the overall market is in the red. Total market cap is down –0.43% at \$3.81 trillion, while altcoin market cap has declined –0.75% to \$1.47 trillion.
BTC is down –1.34%, ETH –2.69%, SOL –4.11%, and BNB –3.09%. XRP has dropped –4.29%, while DOGE is leading the losses with –6.90%.
Market correction is intensifying, with altcoins facing heavy losses.
Today’s crypto market showed a mixed performance. The Fear & Greed Index slipped slightly to 63, indicating a mild drop in market confidence. Bitcoin dominance decreased further to 61.24%, while the altcoin market cap increased to $1.50 trillion, showing stronger momentum in non-BTC assets.
Despite a slight gain in overall market cap to $3.86 trillion (+0.85%), most major coins remained in red. Bitcoin is trading at $118,816 with a minor -0.14% dip. Ethereum dropped by -0.53%, and Solana showed the sharpest decline at -4.46%. BNB, XRP, and DOGE also fell significantly.
In the news, Galaxy Digital transferred another $450 million worth of Bitcoin to exchanges, but the market remained steady unlike last week’s 80,000 BTC transaction that briefly shocked prices. This suggests that the market is now absorbing large BTC moves more calmly. Bitcoin filled the CME futures gap around $117,000 and bounced back to the $119,000 zone, showing resilience ahead of the month-end.
Meanwhile, ARK Invest made headlines by buying $20 million worth of BitMine shares an ETH-focused treasury firm—while reducing exposure to Coinbase, Block, and Robinhood. This reflects a strategic tilt toward Ethereum’s growth and treasury strength.
the market is trying to stabilize, but price swings remain possible as we approach the monthly close. Watch for further movement, especially from ETH and institutional flows.
