[LIVE] ETH Price Rises While Crypto Market Dips — MicroStrategy Continues Bitcoin Accumulation: Top Cryptos to Consider?
Altcoins/Market Analysis

[LIVE] ETH Price Rises While Crypto Market Dips — MicroStrategy Continues Bitcoin Accumulation: Top Cryptos to Consider?

The current state of the crypto market presents mixed signals with some coins displaying resilience, particularly Ethereum, as Bitcoin sees significant purchases by MicroStrategy.

The crypto landscape is currently emitting mixed signals, casting doubt on the best options for investors. Recent data shows that the global market cap has dipped to $3.87 trillion, with several major altcoins such as XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) showing negative movement. Conversely, some assets exhibit unexpected strength.

Notably, Ethereum (ETH) is maintaining its upward trajectory, having increased by 0.37% to stay well over $3,800. Meanwhile, Bitcoin has bounced back above $118,000, thanks largely to Strategy (formerly MicroStrategy) confirming a substantial purchase of $2.46 billion worth of Bitcoin. Their latest acquisition adds 21,021 BTC at an average of $117,256, bringing the company’s total holdings to 628,791 BTC, totaling $74.26 billion, with an unrealized profit exceeding $28 billion.

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microstrategy (@Strategy) bought another 21,021 $BTC (totalling $2.46B) at an average price of $117,256. They currently hold 628,791 $BTC valued at $74.26B, achieving an average buying price of $73,277 and boasting an unrealized profit of $28.18B. — Lookonchain (@lookonchain) [July 30, 2025]

Bitcoin ETFs are also drawing significant investor interest, with a reported net inflow of $80 million on July 29. BlackRock’s IBIT led the charge with an inflow of $157.6 million, while some older ETFs like GBTC experienced outflows totaling $49 million. Despite this fluctuation, it marks the third consecutive day of positive net inflows, indicating a robust demand for Bitcoin through ETFs.

With the Fear & Greed Index currently sitting at 63, market sentiment remains optimistic, hinting that the recent corrections have not overly shaken long-term confidence. The focus now turns to key areas where investment flows are moving.

Next article

Strategy Drives Bitcoin Treasury with $2.5 Billion IPO, Acquires 21,021 BTC

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