Cryptocurrency Price Today (July 31): Bitcoin Fails To Rise Above $119,000, PUMP Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, remained below $119,000 early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor dips and gains across the board as the overall Market Fear & Greed Index stood at 62 (Greed) out of 100, as per CoinMarketCap data. Pump.fun (PUMP) became the biggest gainer of the lot, with a 24-hour jump of over 17 percent. TRON (TRX), on the other hand, became the biggest loser, with a 24-hour dip of nearly 4 percent.
The global crypto market cap stood at $3.89 trillion at the time of writing, registering a 24-hour jump of 0.17 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $118,445.35, registering a 24-hour jump of 0.19 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 1.02 crore.
Ethereum (ETH) Price Today
ETH price stood at $3,857.76, marking a 24-hour jump of 0.99 percent at the time of writing. Ethereum price in India stood at Rs 3.25 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 0.90 percent, as per CoinMarketCap data, currently priced at $0.2225. Dogecoin price in India stood at Rs 23.44.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.64 percent. At the time of writing, it was trading at $110.46. LTC price in India stood at Rs 10,121.68.
Ripple (XRP) Price Today
XRP price stood at $3.13, seeing a 24-hour loss of 0.25 percent. Ripple price in India stood at Rs 300.25.
Solana (SOL) Price Today
Solana price stood at $179.95, marking a 24-hour dip of 0.97 percent. SOL price in India stood at Rs 15,601.69.
Top Crypto Gainers Today (July 31)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Pump.fun (PUMP)
Price: $0.003201
24-hour loss: 17.16 percent
Story (IP)
Price: $6.15
24-hour gain: 10.35 percent
Conflux (CFX)
Price: $0.2275
24-hour gain: 9.77 percent
Ethena (ENA)
Price: $0.6288
24-hour gain: 8.39 percent
Sonic (S)
Price: $0.3304
24-hour gain: 7.41 percent
Top Crypto Losers Today (July 31)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
TRON (TRX)
Price: $0.327
24-hour loss: 3.52 percent
SPX6900 (SPX)
Price: $1.95
24-hour loss: 2.95 percent
Celestia (TIA)
Price: $1.81
24-hour loss: 2.86 percent
Uniswap (UNI)
Price: $10.13
24-hour loss: 2.74 percent
Avalanche (AVAX)
Price: $23.69
24-hour loss: 2.67 percent
What Crypto Exchanges Are Saying About Current Market Scenario
CoinSwitch Markets Desk noted, “Following the Federal Reserve’s FOMC decision to hold rates at 4.25%–4.50%, crypto markets suffered about $200M in leveraged liquidations within an hour as Bitcoin dipped below $116K before recovering near $118.4K, down approximately 0.9% for the day. Ethereum, while briefly softer, ended the session virtually flat with mild upside pressure; it traded near $3,859, roughly −0.1% intraday.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Volatility may still shadow the crypto market, but sentiment is showing signs of stabilization following the Fed's decision to hold interest rates steady. Bitcoin is hovering near $118,500 after a brief drop, with on-chain data suggesting strong accumulation zones remain intact. Ethereum, despite divergence in its price chart, shows on-chain strength and forecasts hint at a potential rally toward $4,500. The $200 million in long liquidations reflects short-term turbulence, not a broader trend reversal. With the White House expected to release its first comprehensive crypto policy report this week, regulatory clarity could soon complement macro cues.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market barely flinched at the Fed's latest decision to hold interest rates steady. While the fight against inflation isn't over yet, and the Fed seems determined to keep rates high for now, Bitcoin continues to show impressive strength above $118,000. Meanwhile, Ethereum remains comfortably above $3,800. Thanks to the recent surge in prices, the crypto market seems better equipped to handle global economic challenges. That said, Trump's recent moves to raise tariffs could shake things up in the near future.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is trading near $118,400, consolidating between $116K and $120K after peaking above $123K this month. Despite recent whale sell-offs, strong ETF inflows and bullish institutional sentiment keep momentum alive. A breakout above $120K could trigger a run toward $125K–$130K, while a fall below $111K may invite deeper corrections. Over 96% of holders remain in profit, supporting confidence but raising caution for short-term pullbacks. Technicals show a tightening triangle pattern, hinting at a decisive move soon. Macro support, regulatory clarity, and growing adoption continue to favor long-term upside. Key levels: $116K support, $120K resistance. Outlook: cautiously bullish.”
CoinDCX Research Team noted, “Bitcoin price experienced significant volatility after the Fed announced the rates that remained flat. Although the price dropped below $116,000, it made a strong comeback and reclaimed levels above $118,000. The markets seem to have risen above the Fed’s volatility, as the top altcoins continue to consolidate around the gained resistance. Besides, the top gainer for the day is Pump.fun, which continues to rise with over a 17% jump, followed by Conflux & Story with over a 10% rise each. Besides, the losses recorded are minimal, led by Tron, which plunged by over 3.5%, and SPX, AVAX, TIA, UNI, & a few more by over 2% each.”
Parth Shrivastava, Head of Quant, 9Point Capital Research Team, said, “Bitcoin appears vulnerable to a short-term pullback if $116K support fails to hold, potentially opening downside towards the $111K zone. That said, any such dip should be viewed as a long-term buying opportunity given the strong structural uptrend and macro tailwinds. Investors should stay alert but constructive on BTC's broader trajectory.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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