Crypto Market Update: Ethereum Turns 10 as Trump Eyes “Golden Age of Crypto”

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$117,896, down by 0.3 percent over the last 24 hours. Its highest valuation on Wednesday was US$118,398, while its lowest valuation was US$117,757.

Bitcoin price performance, July 30, 2025.

Chart via TradingView

Market sentiment remains cautious as investors await two key developments: the White House’s crypto policy report, required under a Trump executive order from January, and the Federal Reserve’s interest rate decision. Both are expected later today and could significantly sway crypto markets.

Ethereum (ETH) was priced at US$3,778.51, down by 1 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,730.12, and its highest was US$3,827.40.

Altcoin price update

Solana (SOL) was priced at US$178.57, down by 1.7 percent over 24 hours. Its lowest valuation on Wednesday was US$177.01, and its highest was US$182.20.

XRP was trading for US$3.09, down by 1 percent in the past 24 hours. Its lowest valuation of the day was US$3.05, and its highest valuation was US$3.15.

Sui (SUI) is trading at US$3.76, down 2.1 percent over the past 24 hours. Its lowest valuation of the day was US$3.69, and its highest was US$3.85.

Cardano (ADA) was trading at US$0.7663, down by 2.8 percent over 24 hours. Its lowest valuation on Wednesday was US$0.7543, and its highest was US$0.7878.

Today’s crypto news to know

Ethereum marks a decade since launch

Ethereum marked its 10th anniversary on July 30 with growing corporate interest in Ether as a potential treasury reserve asset.

The Ethereum network launched in 2015 and has since maintained uninterrupted uptime, becoming the backbone of the decentralized finance (DeFi) movement. In the lead-up to the anniversary, Ether’s price approached US$4,000, driven in part by renewed institutional inflows and growing confidence in the asset’s long-term utility.

The Ethereum Foundation will commemorate the milestone by issuing celebratory NFTs and organizing more than 100 events globally.

A live broadcast featuring Vitalik Buterin, Joseph Lubin, and Tim Beiko will also be hosted to reflect on the network’s origins and future direction.

Trump Working Group calls for aggressive federal action on crypto markets

A White House-appointed working group on digital asset markets has released a sweeping set of recommendations to overhaul US crypto policy, according to a preview.

The group, established under an executive order by Donald Trump in January, urged Congress to pass the Digital Asset Market Clarity Act and called on regulators to use existing powers to support immediate crypto market growth.

The report recommends that the Commodity Futures Trading Commission be granted broader oversight over spot markets for non-security tokens and that safe harbor provisions be used to accelerate product launches.

It also advises federal banking regulators to clarify permissible crypto-related bank activities and modernize capital rules to reflect token-based risks.

The Trump administration said the proposals would help ensure US leadership in the “blockchain revolution” and usher in a “Golden Age of Crypto.”

JPMorgan to let Chase customers buy Crypto via Coinbase

JPMorgan Chase (NYSE:JPM)has announced a major partnership with Coinbase that will allow Chase credit card users to purchase cryptocurrencies directly from the exchange.

The service is expected to roll out in fall 2025, with full account-linking functionality available by 2026. Customers will also be able to redeem Chase credit card reward points for USDC, a stablecoin pegged to the US dollar.

The move marks a notable shift in the firm’s stance toward crypto, going from a cautious observer to an active participant in retail-focused blockchain infrastructure.

With crypto’s total market cap recently crossing US$4 trillion, large banks are now racing to integrate digital asset capabilities into their core offerings.