Crypto Market Edges Higher as ETH, SOL and PUMP Rally

The crypto market is trading slightly higher as improving investor sentiment, strong ETF inflows, and anticipation surrounding President Donald Trump’s meeting with crypto executives support Bitcoin and major altcoins.

Total crypto market capitalization has climbed to around $2.2 trillion, while the Crypto Fear and Greed Index improved from 27 to 41. Although the index remains in “Fear” territory, the rebound suggests traders are becoming less cautious after weakness earlier this month.

Bitcoin (BTC) is holding above $64,000, supported by renewed spot Bitcoin ETF demand. Weekly inflows have reached approximately $486 million. Ethereum ETFs have recorded $102 million in inflows since August 17, while XRP ETFs attracted roughly $5.8 million.

Market volatility could increase as Trump meets executives from companies including Coinbase and Ripple. The discussion may include the stalled CLARITY Act. Traders are also watching the July FOMC minutes, as hawkish signals from Federal Reserve officials could pressure crypto prices, while dovish commentary may strengthen risk appetite.

Crypto liquidations have surpassed $193 million, including about $115 million in short liquidations and $78 million in longs. Long trading volume of $18.56 billion is also exceeding short volume of $16.87 billion.

Ethereum (ETH) is testing the crucial $1,918 resistance after three consecutive sessions of stronger buying activity. A sustained close above this level could open the door to $2,000, with the RSI near 58 signaling bullish momentum. Failure to hold the breakout could send ETH toward $1,880 support.

Solana (SOL) has gained around 1.6% to $77. A close above this resistance could confirm a cup-and-handle breakout and potentially push SOL toward $83. Solana futures open interest has also climbed to $5.2 billion.

PumpFun (PUMP) remains among the strongest crypto gainers, rising about 7% to $0.0029 as trading volume jumped 30% to $116 million. Holding $0.0029 as support could strengthen the bullish case for a move toward $0.0032.