Market Momentum & Price Moves

Market Momentum & Price Moves

• Ether’s rally continues: Ethereum has surged nearly 41% over the past month, far outpacing the broader crypto market’s ~9% gain. In just the past week, ETH rose 14%, while Bitcoin trades at around $119,000 The Economic Times.

• Options traders turn bullish: Over $5 million was deployed on call options betting ETH will top $5,000 by end of September, pushing it closer to its all-time high CoinDesk.

• Altcoins gain traction: Ether surpassed $4,600, and assets like Cardano, Solana, XRP, Avalanche, and Litecoin all saw double-digit percentage jumps. Meanwhile, Bitcoin hovered near $120,000 CoinDeskBarron’s.

• Fed rate cut hopes fueling rallies: Softer-than-expected U.S. inflation data (July CPI) has raised optimism for a Federal Reserve interest-rate cut in September—bolstering crypto, equities, and broader risk appetite Barron’sDL News.

Regulation & Institutional Expansion

• GENIUS Act unlocks stablecoin potential: The newly enacted U.S. law has prompted interest from major firms—Bank of America, Citigroup, Walmart, Amazon—to explore issuing dollar-backed tokens. Yet experts caution on compliance, infrastructure, and regulatory complexities ReutersWikipedia.

• Crypto bill under fire: Senate Democrats criticized the Responsible Financial Innovation Act (RFIA), warning it may undermine SEC oversight and introduce “crypto token” loopholes by favoring the underfunded CFTC. Concerns include risks to retirement savings and financial stability Business Insider.

Corporate Activity & Strategy

• Circle posts Q2 loss post-IPO: The USD Coin issuer reported a $482 million net loss—worse than expected—due largely to stock-based compensation and convertible securities adjustments. Still, revenue surged 53% year-over-year to $658 million, beating forecasts Wall Street Journal.

• Trump-backed crypto treasury emerges: World Liberty Financial—affiliated with Donald Trump—announced a $1.5 billion purchase of its proprietary token $WLFI via a partnership with ALT5 Sigma. Half the funds will use $WLFI, bolstered by placements of Trump family members in leadership roles Financial Times.

• Stripe steps into blockchain: The payments giant has tapped Matt Huang from Paradigm to lead its new Tempo initiative—an Ethereum-compatible, high-performance, payments-focused layer-1 blockchain CoinDesk.

Investments & Market Sentiment

• Crypto hedge fund outperforms: Tephra Digital, backed by Jefferies’ Leucadia, delivered 9% returns in July, with nearly 23% year-to-date. Bitcoin hit $123,000 at one point despite a $9 billion sell-off, and Ether jumped 50% last month. Inflows to crypto ETFs and ETPs surpassed $30 billion in 2025 FnLondon.

• Bullish outlook stays strong: Samson Mow, CEO of JAN3, remains highly bullish on Bitcoin, suggesting long-term potential could drive it toward $1 million—a reflection of institutional demand and perceived scarcity AInvest.

At a Glance