Ethereum Climbs While Bitcoin Holds Flat — July 31, 2025, 9:05 AM IST Market Wrap

As July draws to a close, early Thursday trade sees a mixed but stable tone across top cryptocurrencies:

• Bitcoin (BTC) remains steady at $118,000, barely changing over 24 hours (+0.3%) while 24-hour volume drops another 17.3% to $561.9M. The funding rate stays neutral at 0%, showing little speculative positioning and echoing the recent subdued volatility.
• Ethereum (ETH) outpaces the market, up 1.13% to $3,900. Volume slides slightly (-4% to $481.8M), but the notable price gain alongside a low funding rate (0.03%) points to firm spot buying with little excess leverage.
• XRP edges down 0.24% to $3.14, with a 19.5% bump in volume to $277.1M and a moderate funding rate (0.64%), suggesting stable but slightly increased trading interest without much directional conviction.
• Solana (SOL) also slips 0.9% to $180.14 on $141.3M in volume (+7.43% versus prior day). A steady funding rate (0.56%) reflects balanced outlook among leverage traders.

With top coins largely hugging support, and volumes muted after recent profit-taking, the mood is one of cautious consolidation. Ethereum’s relative strength suggests ongoing rotation and accumulation, while low funding rates across the board reinforce the prevailing risk-neutral environment. As August approaches, participants watch for macro news or crypto-specific catalysts to reignite trend movement.

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