[LIVE] Crypto News Today: Latest Updates for July 28, 2025 – Bitcoin Tops $119K, Ethereum Nears $3,900 Amid Broad Crypto Market Recovery
Main Idea
The crypto market experienced a strong recovery on July 28, 2025, with Bitcoin surpassing $119K and Ethereum nearing $3,900, while Ethereum spot ETFs recorded significant inflows.
Key Points
1. Bitcoin climbed 0.9% to trade above $119K, recovering from recent declines but still below its all-time high of $123K.
2. Ethereum rose 2.6%, briefly approaching $3,900 and hitting a year-to-date peak.
3. BNB surged past $844, up 6% in the past 24 hours.
4. Ethereum spot ETFs saw net inflows of $1.85 billion last week, the second-largest weekly inflow on record.
5. BlackRock’s ETHA led with $1.29 billion in inflows, while Grayscale’s ETHE logged $42 million in outflows.
Description
The crypto market staged a strong rebound, with overall gains across major sectors. Bitcoin climbed 0.9% to trade above $119K, recovering from recent declines and holding well below its all-time high of $123K set earlier this month. Ethereum rose 2.6%, briefly approaching the $3,900 mark and hitting a year-to-date peak. Other notable movers included BNB, which surged past $844, 6% up in the past 24 hours. But what else is happening in crypto news today? Follow our up-to-date live coverage below....
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