![[LIVE] Bitcoin Briefly Reclaims $119K as Ethereum Climbs Toward $4K – Best Crypto to Purchase?](https://decrypto.news/public/articles/61186fb0/2025/07/28/542live5D-bitcoin-briefly-reclaims-24119k-as-ethereum-climbs-toward-244k-2013-best-crypto-to-purchase3F/74fb652ae898323add979937e343873a.jpg)
[LIVE] Bitcoin Briefly Reclaims $119K as Ethereum Climbs Toward $4K – Best Crypto to Purchase?
Bitcoin and Ethereum maintain their positions as top cryptos, with significant market movements expected following upcoming economic data and Fed decisions.
Bitcoin has stabilized between $116,000 and $119,000 over the past week, with Ethereum close to the $4,000 mark. Trading strategies focus on Bitcoin and Ethereum as major events approach that could impact their momentum.
The primary catalyst is the Federal Reserve’s interest rate decision scheduled for Wednesday. As inflation increases and Trump’s suggested tariffs contribute to economic pressure, the Fed is anticipated to maintain rates in the range of 4.25% to 4.50%. Additional data releases, including consumer confidence and GDP, are likely to influence future monetary policies.
ETF inflows are supporting prices with Spot Bitcoin ETFs reporting a $72 million inflow last week, while Ethereum ETFs accumulated over $5.1 billion in assets. Institutional interest remains robust.
Best Crypto to Buy Right Now? ZORA and VINE Make Headlines After Major Moves
With Bitcoin approaching $119K and Ethereum nearing the $4,000 threshold, altcoins have resurfaced with two gaining considerable attention: ZORA and VINE.
The VINE memecoin increased by 350% with a $400 million transaction volume over four days following Elon Musk’s suggestion of reviving Vine in the form of AI, stating, “We’re bringing back Vine, but in AI form.”
Elon Musk in a new tweet:
“We’re bringing back Vine, but in AI form.”
Tweet link
Originally trending on X, the post faced backlash for its potential for poor-quality AI content. Interestingly, Rus Yusupov, the founder of Vine, discussed viral AI videos prior to Musk’s announcement, although there is no formal connection between him and Musk’s proposed revival. VINE’s success appears largely due to speculative interest.
On the other hand, ZORA, focused on creators and enabling tokenized content, has surged with gains exceeding 900% recently, trading at a $289 million market cap. Built on the Base chain, ZORA emerged amid growing dApps interest and a public clash between Jesse Pollak and Jon Chabonne regarding its value beyond a meme coin. Feedback on ZORA remains mixed, with some users criticizing the interface, suggesting it needs further refinement, yet it is clearly making waves among traders.
If you’re in pursuit of the best crypto investments now, ZORA and VINE present contrasting opportunities: speculative excitement versus creator-supported infrastructure.
