Crypto market gatherings before Jerome Powell Counter and Eu Trade Deal Terge. ETH, Dog leads gains star-news.press/wp

The Crypto Market shows a force heading to a new week where ETHEREUM PRICE (ETH) acquires another 4 % leading the rally, followed by similar gains in XRP, Sol, ADA, DOGE. Investors are keen on the speech of the Federal Reserve Chairman Jerome Powell on Tuesday, with expectations for suspension of discounts in the prices of the Federal Reserve, amid pressure on the resignation from the Trump administration. Moreover, with the approaching date of the tariff approaching on August 1, US Trade Minister Howard Lootnick said he hoped for a trade agreement with the European Union.

Rally Market Crypto: ETH, Dog leads the package

ETHEREUM (ETH) continues to extend its dominance in the market, and has gained another 4 % to $ 3800, while bitcoin depends on $ 118,000. As ETH extends weekly gains to 25 %, the wider encryption market is joking again with the maximum $ 4 trillion market. In the past 24 hours, the broader references in the market have risen to $ 365 million, of which more than $ 210 million in short qualifiers.

The price of XRP also increases by 3.71 % today, as Bulls Holdings exceeds $ 3.5, extending weekly gains to 21 %. On the other hand, Dogecoin (Doge) increased by 10.37 % at the time of the press, as it was circulated at $ 0.279, which extends weekly gains to 35 %. According to Coinglass dataThe open interest in Doga Futures also increased by 17 % to $ 5.0 billion, indicating a strong upward feeling among merchants.

All eyes on the speech of the Federal Reserve Council, Jerome Powell

The President of the Federal Reserve is scheduled to deliver a speech on Tuesday, as Crypto market investors are looking for signs about the future path of US monetary policy. The title comes amid the increasing market concentration after modern economic data. With CPI data in the United States, which shows the sticky inflationary conditions for June, the declarations of reducing their price are lower.

On the other hand, Jerome Powell faces increasing pressure to resign from the Trump administration. While President Trump was stressing a 300 -point rate, Powell refused to budge. Market monitors will monitor whether the Federal Reserve Chair indicates any resignation data, while his term is officially ended in May 2026.

I argue the deal on the radar

On Sunday, July 20, Trade Minister Howard Lootnick participated in optimism in reaching a trade agreement with the European Union before the deadline on August 1. Currently, the Trump administration threatened a 30 % tariff for the European Union after the date of entitlement. However, recent reports also indicate that President Trump will consider reducing it to 15-20 %.

Lootnick stated that he had just spoken with European Trade negotiators and noticed that there is a “large space” to reach an agreement. In an interview with CBS ‘Face The Nation, “Lottennik commented:

“These are the two largest commercial partners in the world, talking to each other. We will accomplish a deal. I am sure that we will make a deal.”

While the broader encryption market increased, the Bitcoin (BTC) price carries a steady amount of $ 188,000. Market analysts predict the full season of strikes in the second half of 2025.

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Bushan Akolkar

BHUSHAN is a seasoned analogy with an eight -year experience in an extension of more than 10,000 contributions via multiple platforms such as Coingape, Coinspeaker, Bitcoinist, Crypto News Flash and others. Be enthusiastic about technology, he loves reports via encryption, Blockchain, Defi, and Global Macros with a severe understanding of financial markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills. BHUSHAN is a Bachelor’s degree in electronics engineering, however, his interest in financing and economy leads him to encryption and Blockchain.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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