The crypto market took a mild hit today, with total capitalisation falling by 2% to $3.91 trillion. The market may face increased volatility ahead of the FOMC meeting later today, as investors await key signals from the Federal Reserve. With the CME FedWatch Tool showing a 96.9% probability that interest rates will remain unchanged, most expect a pause rather than a pivot. Bitcoin price remained relatively steady, trading between $118,000 and $119,000 after recovering from a drop to $115,000.
Ethereum, however, continues to hold strong above $3,700, bolstered by a record $5.2 billion in net inflows into spot ETH ETFs. Clearly, we’re seeing a rotation from Bitcoin into altcoins, at least for now, so what are the best altcoins to buy in anticipation of a possible altcoin season?
EXPLORE: Best New Cryptocurrencies to Invest in 2025
Best Altcoins to Buy Right Now? From ETH To Hyperliquid and Solana Offer Unique Upside for August 2025
ETH ETFs saw $65.14 million in inflows, with BlackRock’s ETHA leading the charge at $131.95 million. ETH ETFs now hold $21.5 billion in assets and are becoming an increasingly important part of the altcoin landscape.
Corporate treasuries are now accumulating ETH, with firms like SharpLink Gaming surpassing the Ethereum Foundation’s holdings. Over $1.6 billion in ETH has been acquired by major corporations in the past month, suggesting long-term conviction.
$ETH ETF inflows are absolutely skyrocketing right now.
Follow the smart money! pic.twitter.com/BCh8g0ULdA
— Mister Crypto (@misterrcrypto) July 29, 2025
Ethereum remains the leading altcoin and a key signal for broader market trends. With spot ETH ETFs now logging 17 consecutive days of inflows totaling $5.2 billion, institutional confidence is surging. ETH/BTC technicals have flipped bullish, and analysts increasingly view Ethereum as the foundation of the next crypto cycle.
(ETHUSDT)
Ethereum is approaching key resistance at $4,069 after a strong rally from below $2,400. A breakout could target $4,500–$5,000, supported by record ETF inflows. The structure favors bulls, but confirmation is needed above this level to sustain momentum. A new ETH ATH could kickstart the highly awaited altcoin season.
At the same time, Hyperliquid (HYPE) is also making numbers. Built on a custom Layer 1 optimized for high-speed, on-chain perpetuals, it offers gasless, low-latency execution and deep order books.
As traders seek alternatives to centralized exchanges, Hyperliquid’s blend of performance and transparency positions it as a top choice for advanced users. Its rapid growth and strong developer activity make it a key altcoin to watch. Currently trading at $43,93, HYPE could be aiming for the $100 target next.
Solana, meanwhile, has regained momentum after past network issues. With fast transactions and minimal fees, it’s once again a hub for DeFi, NFTs, and tokenized assets. Upgrades like Firedancer have boosted reliability, while rising user activity and institutional interest support continued upside. SOL remains a leading Layer 1 with long-term growth potential.
World Liberty and New Wallets Snap Up Over $2.7B in Ethereum Since July
ETH accumulation continues. Trump’s World Liberty recently spent 1 million USDC to buy 256.75 ETH at a price of $3,895 about 24 hours ago.
So far, World Liberty has accumulated a total of 77,226 ETH, valued at around $296 million, with an average purchase price of $3,294. This position currently shows an unrealized profit of approximately $41.7 million.
In addition, a new wallet (0x286f) added another 12,749 ETH, worth about $48 million, 12 hours ago.
Since July 9, nine new wallets have collectively bought 628,646 ETH, totaling around $2.38 billion. This significant accumulation signals strong interest and confidence in Ethereum from fresh investors and large buyers.
The post [LIVE] Bitcoin Steady Above $118K Ahead of FOMC And ETH ETF Breaks Records – What Are The Best Altcoins to Invest In? appeared first on 99Bitcoins.
