[LIVE] Bitcoin Temporarily Regains $119K While ETH Approaches $4K – Top Crypto To Invest In?

Last week, BTC held steady within the range of $116,000 to $119,000, while Ethereum lingered just beneath the $4,000 mark. As traders look for the prime crypto asset to invest in before significant events, both Bitcoin and ETH remain central to discussions, with various occurrences poised to affect short-term trends.

The key driver for the upcoming period is the Federal Reserve’s interest rate update scheduled for this Wednesday. With inflation on the rise and Trump’s suggested tariffs exerting additional stress, it is anticipated that the Fed will maintain rates in the range of 4.25% to 4.50%. Data releases planned for this week, such as Tuesday’s consumer confidence index, Wednesday’s GDP figures, and Friday’s non-farm payroll reports, will further refine anticipations regarding future monetary policy.

Concurrently, continued ETF inflows provide ongoing support. Spot Bitcoin ETFs experienced a moderate inflow of $72 million last week, while Ethereum ETFs saw their assets rise by over $5.1 billion. Institutional market demand for both cryptocurrencies remains robust.

EXPLORE: Top 20 Crypto to Buy in 2025

Which Crypto Should You Buy Now? ZORA and VINE Capture Attention After Significant Moves

With BTC stable near $119K and ETH nearing the $4,000 threshold, altcoins are regaining prominence, with two specific names grabbing traders’ focus: ZORA and VINE.

The VINE memecoin skyrocketed over 350%, achieving $400 million in trading volume within the last 24 hours, just four days after Elon Musk hinted at Vine’s return, asserting, “We’re bringing back Vine, but in AI form.”

Elon Musk in a new tweet:

“We’re bringing back Vine, but in AI form.” pic.twitter.com/TtPJYxP42R

— Pop Base (@PopBase) July 24, 2025

The tweet quickly went viral on X, but also attracted criticism regarding the potential for “low-quality AI content.” Notably, Rus Yusupov, the original creator of Vine, had shared thoughts on viral AI videos just days prior to the update. Although he introduced a VINE token earlier this year, there’s no clear connection between him and Musk’s AI Vine initiative. The memecoin may simply be capitalizing on speculative excitement.

(VINEUSDT)

Meanwhile, ZORA, focused on creators and enabling tokenized content, has surged significantly, achieving over 900% increases in just a month. It’s now valued at a trading market cap of $289 million (839 million FDV).

Built on the Base chain, ZORA has benefitted from growing interest in decentralized applications and a public disagreement between Jesse Pollak (Base) and Jon Chabonne (DBA). Pollak’s endorsement of ZORA as “more than just a meme coin” has sparked greater attention.

That said, the platform has received varied feedback. Some users find its interface challenging to navigate, residing in a realm between SocialFi and DIGITAL COLLECTIBLE tools. While it may still be evolving, ZORA is unmistakably on the radar of traders.

If you’re on the lookout for the prime crypto to acquire at the moment, ZORA and VINE present differing opportunities: one thrives on speculative trends, while the other is grounded in creator-centric infrastructure.

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Trump Media Bets $300M on Bitcoin-Linked Options to Capitalise on Crypto Volatility

By Fatima

Trump Media & Technology Group (TMTG), which oversees Truth Social, has allocated $300 million into options associated with Bitcoin-linked securities, as reported by Bloomberg. This approach aims to profit from fluctuations in crypto asset prices without directly holding BTC. These options, tied to ETFs, shares of crypto companies, or notes from firms like MicroStrategy, present high potential returns but come with notable risks if the strike price isn’t achieved.

While TMTG has not provided any comments, this decision highlights a broader trading strategy as the company increases its involvement in the digital currency industry. Historically, Trump’s statements have impacted digital asset prices, and the firm reportedly holds about $2 billion in Bitcoin-linked investments.

Critics argue that this financial strategy could intertwine Trump’s political sway with personal investment interests. Given that crypto assets constitute a significant portion of Trump’s estimated $6.6 billion wealth, the intersection raises concerns about possible conflicts of interest.

The post [LIVE] BTC Briefly Reclaims $119K as Ethereum Climbs Toward $4K – Best Crypto To Buy? appeared first on 99Bitcoins.