The crypto market is displaying mixed signals on July 31, 2025, after the US Federal Reserve chose to keep interest rates steady and gave no clear signal regarding future cuts. Despite global macroeconomic headwinds and a 3.8% drop in overall crypto market capitalization, Bitcoin has managed to remain above the key $118,000 support level. Ethereum is trading robustly above $3,800, up nearly 2% on the day, while other major cryptocurrencies like XRP, BNB, and Solana also posted gains. Tron (TRX) was the primary exception, down more than 2%.