{"id":40889,"date":"2025-08-07T05:16:50","date_gmt":"2025-08-07T05:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40889"},"modified":"2025-08-07T05:16:50","modified_gmt":"2025-08-07T05:16:50","slug":"crypto-market-cap-halts-at-3-7t-as-traders-rotate-out-institutions-double-down-on-btc-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40889","title":{"rendered":"Crypto Market Cap Halts at $3.7T as Traders Rotate Out, Institutions Double Down on BTC, ETH"},"content":{"rendered":"<div>\n<p>The crypto market cap is holding within a tight $3.6 trillion\u2013$3.8 trillion range as traders pull liquidity and shift focus to micro-cap tokens in the first week of August, with some warning of a summer lull to continue.<\/p>\n<p>Bitcoin (BTC) tested its 50-day moving average again on Tuesday, signaling exhaustion, while broader market capitalization remains above the trend, currently at approximately $3.72 trillion, versus the 50-day SMA of $3.57 trillion.<\/p>\n<p>\u201cThe support received in the area of previous peaks suggests a temporary pause to lock in profits,\u201d said Alex Kuptsikevich, chief market analyst at FxPro, in a Thursday note to CoinDesk. \u201cBut sluggishness is turning away the most active traders, who\u2019ve now moved on to very small projects.\u201d<\/p>\n<p>\u201cBitcoin was again approaching its 50-day moving average. Such frequent testing of the medium-term trend signal line indicates accumulated fatigue in the first cryptocurrency,\u201d he added.<\/p>\n<p>That retreat by short-term speculators stands in contrast to continued institutional accumulation.<\/p>\n<p>Gaming company SharpLink added 83,561 ether (ETH) last week (approximately $264.5 million), bringing its reserves to 522,000 ETH. In total, now 64 corporates  hold 2.96 million ETH, or 2.45% of supply, worth $10.81 billion.<\/p>\n<p>Bitcoin also saw meaningful institutional inflows. Strategy acquired 21,021 BTC ($2.46 billion) in July, contributing to the 26,700 BTC added by large entities throughout the month. Public and private companies now collectively hold 1.35 million BTC, or more than 6% of the total circulating supply, according to BitcoinTreasuries.<\/p>\n<p>At a market level, BTC is holding steady around $114,570, while ETH sits at $3,650 as of the Asian morning hours on Thursday. XRP (XRP) is trading near $2.97, up 2% over the past 24 hours. Solana\u2019s SOL (SOL) and dogecoin (DOGE) led gains among majors with a 3.5% bump, while total volumes and volatility remain muted.<\/p>\n<p>Meanwhile, Ethena\u2019s USDe earlier this week became the third-largest stablecoin by market cap, surging 75% since mid-July to reach $9.5 billion, likely driven by yields ranging from 10%\u201319% (based on specific markets or strategies).<\/p>\n<p>The total stablecoin market cap is nearing $275 billion, marking its seventh consecutive month of growth. Rising stablecoin flows are indicative of fresh fiat entering the crypto ecosystem, which may be considered a precursor to further market volatility as traders exchange currency-pegged assets for tokens.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market cap is holding within a tight $3.6 trillion\u2013$3.8 trillion range as traders pull liquidity and shift focus to micro-cap tokens in the first week of August, with some warning of a summer lull to continue. Bitcoin (BTC) tested its 50-day moving average again on Tuesday, signaling exhaustion, while broader market capitalization remains [&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-40889","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\/40889","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=40889"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40889\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}