Daily Crypto News Report – July 29, 2025
Cryptocurrency Price Summary
As of today, Bitcoin (BTC) is currently valued at $118,038, Ethereum (ETH) is trading at $3788.62, and Ripple (XRP) is priced at $3.16. These digital assets continue to show dynamic movements as the global crypto market continues to evolve.
Bitcoin Price in Various Markets
Based on the recent reports, the price of Bitcoin in Pakistan’s local currency (PKR) as of July 28, 2025, has shown significant growth, reflecting the increasing interest of Pakistani investors in the world’s leading cryptocurrency.
In the US market, Bitcoin continues to show strength as it maintains its value in USD. The price of Bitcoin in dollars as of July 28, 2025, further solidifies its position as a valuable digital asset in the global financial market.
Interactive Brokers Ponders Over New Stablecoin
In other news, Interactive Brokers, a notable player in the trading industry, is reportedly considering launching a new stablecoin for its customers. This move underlines the increasing adoption and integration of blockchain technology and cryptocurrencies into traditional finance. If realized, this could provide their clients with more options to navigate the volatile crypto market.
Impact of Global Trade and Central Bank Meetings on Dollar
The strength of the dollar is showing an upturn amid the unfolding of global trade deals and central bank meetings. This development could have potential implications on the crypto market, particularly for Bitcoin, which is often inversely related to the dollar’s performance. Investors should keep a keen eye on these macroeconomic factors as they can significantly impact cryptocurrency prices.
Alt-coins Challenging Bitcoin’s Dominance
Despite Bitcoin’s robust performance, alt-coins are not far behind, with some even outpacing the leading cryptocurrency in terms of returns. This trend challenges Bitcoin’s dominance and highlights the growing diversification in the crypto market. Investors are now looking beyond Bitcoin, exploring potential opportunities in alternative coins.
This is your daily crypto news report for July 29, 2025. Stay tuned for more updates and keep a close watch on the volatile crypto market.
