The cryptography market experienced another tense session on Wednesday while Bitcoin briefly poured $ 115,000 before recovering hours later in key support of $ 118,000: a battle that has been going on for days now. The merchants look carefully at the BTC holds this level with its teeth, despite an increasing macro pressure. Although the wider market has shown fatigue, the question is now: what is the best crypto to buy in this environment?
The Federal Reserve announced Wednesday that it would not reduce interest rates for July, holding between 4.15% and 4.25%. The decision came despite the public pressure from the Trump administration, which requested a rate drop of 0.25% to protect economic growth in the midst of increasing rates. The president of the Fed, Jerome Powell, has pushed back, citing the risks of inflation and the economic uncertainty caused by Trump’s pricing plans.
.@FederaReServe President Jerome Powell: "Today, the Federal Open Market Committee has decided to leave our unchanged political interest rate." pic.twitter.com/fnlmx3nomn
– CSPAN (@CSPAN) July 30, 2025
Explore: the best new cryptocurrencies to invest in 2025
Bonk and useless: always the best crypto to buy in a tired market?
Even Coin Bonk lost its key support at $ 0.0000328 just a few days ago and fell by more than 20% to retest the lower level around $ 0.000026. But now he bounces back, negotiating nearly $ 0,0000287. If he recovers 0.0000328, the bulls could restore. Basically, Bonk’s growing ecosystem gives it an advantage: Letbonk, his own Launchpad, has surpassed Pump. Fun in a few weeks. More than 80% of the graduated memes tokens are now born on Bonk Launchpad, which means that more income costs are referred to Bonk himself.
Another name bounces? Unnecessary coin. After a decrease of 38% compared to its $ 408 million ATH, it is back on the radar. The play – half satire, half – -third -fuel – was adopted by Degens in search of the next Fartcoin. And let’s be honest: if Fartcoin reached $ 2.6 billion, why not useless? It is raw, ironic and plays directly in the meta of the meme without utility. No development, no claims, just a pure chaos focused on the community. For some, this is exactly the point.
What is the next step for the Crypto Simer (QNT)? Down 10% in a week
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The crypto as much as (QNT) is down more than 10% in the last seven days. Despite the beginning of the strong month, and going from 103 to more than 134. This pump of more than 30% occurred after introducing the merger, which is the first layer of 2.5 layers.
Now, this whole movement has almost erased, and the play is currently at 118 with a market capitalization of more than 1.7 billion.
Neutral techniques: can they change?
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The post (live) The cryptography updates of July 31 – Bitcoin holds $ 118,000 while Powell freezes the prices despite the pressure from Trump: the best crypto to buy now? appeared first on 99Bitcoins.
