[LIVE] Cryptocurrency Update: Current Developments for July 31, 2025 – Bitcoin Maintains $118K as Federal Reserve Keeps Interest Rates Unchanged, ETH Sells for Over $3.8K

The cryptocurrency market is exhibiting mixed signals today as investors process the Federal Reserve’s choice to maintain interest rates at their current levels while preparing for macroeconomic challenges. The total market capitalization for cryptocurrencies has decreased by 3.8%, yet Bitcoin has succeeded in staying above the crucial $118,000 support threshold despite earlier declines, indicating a sense of cautious optimism among traders. Ethereum has also shown resilience, remaining above $3,800 amidst broader uncertainty driven by impending U.S. tariffs scheduled to take effect on August 1. Although institutional involvement and recent significant acquisitions provided temporary support, the market continues to exhibit signs of exhaustion, with risk appetite subdued by global economic worries.

What other developments are occurring in crypto news today? Keep track of our real-time updates below.

The post [LIVE] Crypto News Today: Latest Updates for July 31, 2025 – Bitcoin Holds $118K After Fed Keeps Rates Steady, ETH Trades Above $3.8K appeared first on Cryptonews.