The post Dogecoin, Cardano, XRP See Profit-Taking, BNB Crosses $800 as Economists See Lower Chances of July Rate Cut appeared on BitcoinEthereumNews.com.

The crypto market is once again knocking on the $4 trillion door but just can’t seem to walk through it. Total market capitalization hovered at $3.93 trillion on Wednesday, marking the third attempt in four weeks to decisively break the milestone. That’s despite strong risk-on sentiment in equities, surging institutional demand for Ethereum, and fresh spot ETF headlines across altcoins. Instead, traders appear locked in a technical deadlock, rotating capital between majors while waiting for a new headline to trigger fresh inflows. “This is reminiscent of the stagnation we also saw at the end of last month,” said Alex Kuptsikevich, chief market analyst at FxPro, told CoinDesk in an email. “It seems that we are seeing calendar rhythms, with increased inflows at the beginning of the month and caution at the end.”“Cryptocurrencies are ignoring the positive sentiment on the stock markets and technical factors are temporarily dominating the agenda,” he added. Bitcoin (BTC) traded within a tight $117,000–$119,000 range during the past 24 hours before hovering around $118,500 in early U.S. hours. While the world’s largest crypto is still up 0.5% over the past week, the pace of its advance has slowed — with funding rates softening and volumes drifting lower across CME and Coinbase. Ether (ETH), which surged 22% last week, has also started to lose steam. ETH Prices hovered around $3,670 at the time of writing, as staking flows and ETF demand plateaued following a frenzied five-day push. BNB broke the $800 mark earlier Wednesday to set fresh highs, with ecosystem bets such as Pancakeswap (CAKE) and memecoin floki (FLOKI) up as much as 10%. Meanwhile, the altcoin rally appears to have stalled. Solana is up 18.2% over the past 7 days, but down 1.3% in the past 24 hours. Top performers in the last 7 days, Cardano’s…

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Filed under: News - @ July 24, 2025 1:27 am