Crypto Market saw another tense session on Wednesday. After a brief dump of Bitcoin to $115,000, it recovered after a few hours to return to its $118K support level. Traders are looking closely as BTC holds this level in their teeth despite the rising macro pressure. The broader market has shown fatigue, but the current problem is: What is the best cipher to buy in this environment?
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The Federal Reserve announced Wednesday that it would not cut interest rates in July and remained stable between 4.15% and 4.25%. The decision came amidst rising tariffs amidst rising public pressure from the Trump administration, which has called for a 0.25% interest rate cut to protect economic growth. Federal Reserve Chairman Jerome Powell has pushed back, citing inflation risks and economic uncertainty caused by Trump’s tariff plans.
.@federalReservv Chair Jerome Powell: “Today, the Federal Open Market Committee has decided not to change our policy rates.” pic.twitter.com/fnlmx3nomn
– cspan (@cspan) July 30, 2025
Explore: Best New Cryptocurrencies to Invest in 2025
Bonk and useless: Still the best code to buy in a tired market?
Meme Coin Bonk lost key support at $0.0000328 just days ago, retesting its low level at around $0.000026, down more than 20%. But it’s now bouncing off and traded nearly $0.0000287. If they get back $0.0000328, the Bulls could be in charge. Essentially, Bonk’s growing ecosystem gives it an edge. The unique Launchpad, Letbonk has beaten Pump.fun in just a few weeks. Over 80% of graduated meme tokens are now born on Bonk’s Launchpad.
Is another name bouncing off? A useless coin. It’s back on the radar after a 38% drop from the $408 million ATH. Coins – half satire, half meme fuel – are accepted to the extent that they are looking for the next chat. Let’s be honest: If Fartcoin reaches $2.6 billion, why is it useless? It unfolds directly into a raw, sarcasmy and unfriendly meme meta. Staking, no claims, just pure community-driven confusion. For some, that’s the point.
As Ethereum gathers, 47% NFT sales surges in July – Is Opsy Airdrop behind the spikes?
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NFT sales skyrocketed to $583 million, marking the second highest monthly total for 2025. This represents a 47.6% jump from $388.9 million in June due to rising ETH prices and a shift to high value assets. The Ethereum-based collection led the fees, accounting for a volume of $275.6 million, up 56% per month.
The number of transactions fell 9%, but the average selling price rose to a high of $113 in six months as buyers consolidated around premium NFTs. Some communities speculate that the surge could be linked to expectations for future open-sea airdrops. Opensea CMO Adam Hollander recently suggested that past activities and user profiles (such as OGS vs. Newcomers) could take distribution into account.
Meanwhile, platforms like Blur and Tookrare continue to lose ground, with the NFT lending market cratering 97% from its 2024 high. Despite the lack of buyers, the NFT’s market capitalization is at $8 billion, so bullish sentiment remains strong.
Sharplink purchased 11,259 ETH for $43 million and currently owns $17.3 billion
According to on-chain tracker Lookonchain, Sharplink (@sharplinkgaming) spent 43.09 million USDC and bought 11,259 ETH for an average price of $3,828.
This brings Sharplink’s total Ethereum holdings of 449,276 ETH, currently at around $1.73 billion. A considerable amount of purchase highlights the growing institutional trust in Ethereum as ETH approaches major resistance.
With this move, Sharplink has strengthened its position as one of the largest ETH owners and continues its strategic accumulation trend amid wider market volatility. LookonChain flagged the deal this week as part of a larger pattern of whales’ activity.
What’s next for Quant (QNT) Crypto? 10% down in one week
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Quant (QNT) Crypto has dropped by more than 10% over the past seven days. The month has begun, and I have been 103 to 134 years old. This produced more than 30% of the pumps after introducing Quant Fusion, the first ever 2.5-layer.
Currently, the entire movement has been almost wiped out, with the coin currently at 118 and its market capitalization exceeding 1.7b.
Neutral Technical: Can I shift?
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