{"id":39983,"date":"2025-08-01T13:46:51","date_gmt":"2025-08-01T13:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39983"},"modified":"2025-08-01T13:46:51","modified_gmt":"2025-08-01T13:46:51","slug":"fed-holds-rates-trump-strikes-with-new-tariffs-as-bitcoin-and-alts-react-your-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39983","title":{"rendered":"Fed Holds Rates, Trump Strikes With New Tariffs as Bitcoin and Alts React: Your Weekly Crypto Recap"},"content":{"rendered":"<div>\n<p>Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago.<\/p>\n<p>But before it, bitcoin\u2019s price had recovered from last week\u2019s plunge below $115,000 on Friday and had returned to its familiar trading range between $117,000 and $119,000. The asset traded between those two lines for days ahead of the Wednesday FOMC meeting, with little to no volatility and success when it comes to breaching either side.<\/p>\n<p>Hours before the central bank announced its policy decision, the US GDP <a href=\"https:\/\/cryptopotato.com\/trump-pressures-powell-to-cut-rates-again-as-us-economy-outperforms-in-q2\/\" data-wpel-link=\"internal\">report<\/a> for Q2 went out, which was better than expected, showing a significant economic increase of 3%. US President Trump immediately used this opportunity to urge Fed Chair Jerome Powell to cut the rates, but to no avail.<\/p>\n<p>To the surprise of almost no one, the US central bank <a href=\"https:\/\/cryptopotato.com\/fed-ignores-trumps-plea-to-cut-rates-how-will-bitcoins-price-react\/\" data-wpel-link=\"internal\">left the rates unchanged<\/a> for the fifth consecutive time. BTC\u2019s price reaction was immediate as the asset slipped from nearly $119,000 to under $116,000. However, it managed to recover the losses by Thursday when it neared the upper boundary of this channel once again.<\/p>\n<p>Nevertheless, the bears were persistent, and, after getting some assistance from Trump\u2019s latest set of tariffs against numerous countries, rejected bitcoin at that level. Within hours, the cryptocurrency\u2019s price <a href=\"https:\/\/cryptopotato.com\/600m-in-longs-wiped-as-btc-crashes-to-3-week-low-on-trump-tariff-shock\/\" data-wpel-link=\"internal\">tumbled<\/a> to a three-week low of $114,000, charted earlier today.<\/p>\n<p>Still, BTC managed to mark its highest monthly closure at roughly $115,000 yesterday evening, even though it\u2019s 2.5% down on the week. The altcoins, though, have charted even more notable price declines compared to last Friday\u2019s valuations. ETH and XRP have slumped by 5% each, while SOL, DOGE, ADA, HYPE, XLM, SUI, LINK, HBAR, and many others have seen losses of up to 10%.<\/p>\n<h2>Market Data<\/h2>\n<figure id=\"attachment_375598\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-375598\">\n<figure id=\"attachment_403022\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-403022\"><\/figure>\n<\/figure>\n<figure id=\"attachment_406906\" aria-describedby=\"caption-attachment-406906\" style=\"width: 1883px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-406906\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947.png\" alt=\"\" width=\"1883\" height=\"826\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947.png 1883w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947-300x132.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947-1024x449.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947-768x337.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947-1536x674.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-01-151947-50x22.png 50w\" sizes=\"auto, (max-width: 1883px) 100vw, 1883px\"><\/a><figcaption id=\"caption-attachment-406906\" class=\"wp-caption-text\">Source: Quantify Crypto<\/figcaption><\/figure>\n<p>Market Cap: $3.83T | 24H Vol: $180B | BTC Dominance: 60%<\/p>\n<p>BTC: $115,350 (-2.5%) | ETH: $3,646 (-4.8%) | XRP: $2.98 (-4.8%)<\/p>\n<h2>This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n<p><strong>Trump Administration Unveils Crypto Strategy But Omits Bitcoin (BTC) Reserve Plan<\/strong>. Another major news that came out earlier this week was the long-anticipated <a href=\"https:\/\/cryptopotato.com\/trump-administration-unveils-crypto-strategy-but-omits-bitcoin-btc-reserve-plan\/\" data-wpel-link=\"internal\">Digital Asset report<\/a> from the US White House. Interestingly, it mentioned different industry initiatives like stablecoins and DeFi, but failed to provide any details about the country\u2019s strategic Bitcoin reserve.<\/p>\n<p><strong>Ethereum Turns 10: What Will Define the Next Decade?<\/strong> It\u2019s a week for anniversaries in the cryptocurrency space, with Shiba Inu and Ethereum standing out for their fifth and tenth birthdays, respectively. Here are some of Ethereum\u2019s <a href=\"https:\/\/cryptopotato.com\/ethereum-turns-10-what-will-define-the-next-decade\/\" data-wpel-link=\"internal\">massive achievements<\/a> since 2015 and what might lie ahead.<\/p>\n<p><strong>Ethereum ETF Inflows Soar in July, Outpacing Last 11 Months Combined<\/strong>. Speaking of Ethereum, its underlying asset has been on fire for the past few months, driven to a large extent by the substantial inflows into the spot ETH ETFs. In fact, July saw <a href=\"https:\/\/cryptopotato.com\/ethereum-etf-inflows-soar-in-july-outpacing-last-11-months-combined\/\" data-wpel-link=\"internal\">more net inflows<\/a> into those financial vehicles than the previous 11 months combined.<\/p>\n<p><strong>Strategy Tops IPO Charts in 2025 With $2.52B Raise\u2014More Bitcoin Bought<\/strong>. Although it didn\u2019t announce a bitcoin purchase on Monday, as usual, the Saylor-spearheaded company held an IPO for 28 million shares for STRC and raised over $2.5 billion. Naturally, it used a large portion of this stash to <a href=\"https:\/\/cryptopotato.com\/strategy-tops-ipo-charts-in-2025-with-2-52b-raise-more-bitcoin-bought\/\" data-wpel-link=\"internal\">accumulate<\/a> 21,021 BTC.<\/p>\n<p><strong>Bitcoin Whales Seize 68% of Supply After Adding 218,570 BTC<\/strong>. <a href=\"https:\/\/cryptopotato.com\/retail-dumps-bitcoin-btc-whales-go-heavy-on-ethereum-eth\/\" data-wpel-link=\"internal\">Reports<\/a> emerged after BTC\u2019s latest correction that retail investors had begun offloading sizeable portions of the asset. At the same time, though, whales have been on a buying spree and now <a href=\"https:\/\/cryptopotato.com\/bitcoin-whales-seize-68-of-supply-after-adding-218570-btc\/\" data-wpel-link=\"internal\">hold<\/a> 68% of the cryptocurrency\u2019s supply.<\/p>\n<p><strong>Altseason in Full Swing? These CryptoQuant Charts Point to Yes<\/strong>. Whether or not this cycle will go through an altseason continues to be a heated discussion within the community. According to CryptoQuant, this relatively short period has already begun as the analytics company <a href=\"https:\/\/cryptopotato.com\/altseason-in-full-swing-these-cryptoquant-charts-point-to-yes\/\" data-wpel-link=\"internal\">outlined<\/a> several factors proving its point.<\/p>\n<h2>Charts<\/h2>\n<p>This week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and HYPE \u2013\u00a0<a href=\"https:\/\/cryptopotato.com\/crypto-price-analysis-august-01-eth-xrp-ada-sol-and-hype\/\" data-wpel-link=\"internal\">click here for the complete price analysis<\/a>.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/fed-holds-rates-trump-strikes-with-new-tariffs-as-bitcoin-and-alts-react-your-weekly-crypto-recap\/\">Fed Holds Rates, Trump Strikes With New Tariffs as Bitcoin and Alts React: Your Weekly Crypto Recap<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago. But before it, bitcoin\u2019s price had recovered from last week\u2019s plunge below $115,000 on Friday and had returned to its familiar trading range between $117,000 and $119,000. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39983","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39983"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39983\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}