Market analysis for July 31, 2025


In the early hours of yesterday, the market experienced a significant pullback, with Bitcoin dropping below 116,000 and Ethereum falling below 3,600. Although the decline was not large, it slightly exceeded market expectations compared to the recent strong performance. The reason for the sharp drop is the Federal Reserve's stance on interest rate cuts in September. According to Chairman Powell's remarks, there is no certainty about an interest rate cut in September; it all depends on market data. It can even be said that the probability of maintaining the market interest rate unchanged for the sixth time in September is over 50%, which breaks market expectations. Currently, the market's probability of not cutting interest rates in September has increased from 33.6% to 51.8%.
BTC-1.65%
ETH-2.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)