Key events (as of July 31, 2025)

Bitcoin is hovering around $118K–$120K, recovering after the Fed's decision to keep interest rates unchanged. Ethereum, on the other hand, has increased by about +1.5%, trading in the region of $3,860.

Bitcoin's dominance has dropped to about 61.4%, indicating limited interest in BTC in favor of altcoins – a decrease of about 5–6% in the month of AInvest.

Token unlocks in August will decrease by ~52%, from $6 billion to about $3 billion, which may ease selling pressure. Despite fewer unlocks, key events (SUI, FTN, Aptos, Avalanche, Arbitrum) could generate volatility.

JPMorgan is considering providing cryptocurrency-backed loans ($BTC ,$ETH ), indicating a further rapprochement of traditional banks with digital assets.

The White House has published a legislative plan concerning cryptocurrencies, urging regulators (SEC, CFTC) to create legal frameworks for digital assets and enable trading at the federal level.

The GENIUS Act has come into effect – the first comprehensive stablecoin legislation in the USA: a 1:1 reserve requirement, audits, dual federal and state oversight.

Hong Kong is preparing to issue licenses to stablecoin issuers only in 2026, despite regulations coming into effect on August 1, 2025. Applications for feedback can be submitted until the end of the month.

Indonesia has liberalized cryptocurrency taxation: cryptocurrency transactions from August 2025 will be exempt from VAT; however, fees for operators and miners will increase to regulate the market.

Altcoins such as Story (IP), PENGU, and TRX are gaining strength – analysts point to possible new market records as early as August. Everything depends on maintaining momentum and technical supports.

🧭 Summary
July 2025 is a month of accelerated institutionalization of the market: stabilization of BTC and ETH, decrease in token unlocks, as well as significant legislative and regulatory changes in the USA, Hong Kong, and Indonesia. The growing role of altcoins suggests a shift of capital from the dominant Bitcoin towards high-growth potential projects.
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