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[LIVE] Crypto News Today: Latest Updates for July 29, 2025 – Ethereum Spot ETFs Record 17 Straight Days of Gains, ETH Holds Above $3.7K

2025-07-29 04:30:33

[LIVE] Crypto News Today: Latest Updates for July 29, 2025 – Ethereum Spot ETFs Record 17 Straight Days of Gains, ETH Holds Above $3.7K

Main Idea

The article provides updates on cryptocurrency market movements and news for July 29, 2025, highlighting Ethereum's resilience and Bitcoin's sideways trading.

Key Points

1. Bitcoin is trading sideways between $118,000 and $119,000, marking a 0.6% decline over the past 24 hours.

2. Ethereum remains above the $3,700 support level, with spot ETF inflows extending to 17 consecutive days, totaling $5.2B.

3. XRP has slipped 4% and is trading just above $3, reflecting broader market weakness.

4. There are late-stage talks to acquire Indian crypto exchange CoinDCX, with its valuation potentially below $900 million, down from its peak of $2.2 billion in 2021.

Description

The crypto market is flashing bearish signals today, with the total market cap down by 5%. Bitcoin continues to trade sideways, fluctuating between $118,000 and $119,000, marking a 0.6% decline over the past 24 hours. Ethereum remains resilient, holding above the $3,700 support level as spot ETF inflows extend their streak to 17 consecutive days, bringing in $5.2B, reflecting sustained institutional interest. Meanwhile, XRP has slipped 4% and is now trading just above the $3 mark, echoing broade...

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