[LIVE] Bitcoin Briefly Reclaims $119K as Ethereum Climbs Toward $4K – Best Crypto To Buy?

[Ben Graham]

Bitcoin remained steady between $116,000 and $119,000 last week, while Ethereum hovered just below $4,000. As traders search for the best crypto to buy ahead of major catalysts, Bitcoin and Ethereum remain in focus with several events likely to influence short-term momentum.

The biggest short-term driver is the Federal Reserve’s interest rate decision this Wednesday. With inflation creeping higher and Trump’s proposed tariffs adding pressure, the Fed is expected to keep rates between 4.25% and 4.50%. Upcoming data, like Tuesday’s consumer confidence, Wednesday’s GDP, and Friday’s non-farm payrolls, will further shape expectations for future policy.

Meanwhile, ETF inflows continue to offer support. Spot Bitcoin ETFs saw modest $72 million inflows last week, while Ethereum ETFs added over $5.1 billion in assets. Institutional interest in both assets remains strong.

EXPLORE: Top 20 Crypto to Buy in 2025

Best Crypto to Buy Right Now? ZORA and VINE Make Headlines After Major Moves

With Bitcoin steady near $119K and Ethereum pushing toward $4,000, altcoins are back in the spotlight and two names in particular have caught traders’ attention: ZORA and VINE.

The VINE memecoin surged over 350%, $400 million volume in the last 24 hours, in just four days after Elon Musk teased the return of Vine, saying, “We’re bringing back Vine, but in AI form.”

Elon Musk in a new tweet:

“We’re bringing back Vine, but in AI form.” pic.twitter.com/TtPJYxP42R

— Pop Base (@PopBase) July 24, 2025

The post instantly went viral on X, but also drew criticism about potential “crappy AI content.” Interestingly, Rus Yusupov, Vine’s original founder, had posted about viral AI videos days before the announcement. Though he dropped a VINE token earlier this year, there’s no official link between him and Musk’s AI Vine revival. The memecoin may just be riding speculative hype.

(VINEUSDT)

Meanwhile, ZORA, a creator-focused protocol enabling tokenized content, has gained serious traction, printing over 900% gains in just a month. It’s now trading at $289 million market cap (839 million FDV).

Built on the Base chain, ZORA benefited from rising interest in dApps and a public dispute between Jesse Pollak (Base) and Jon Chabonne (DBA). Pollak’s defense of ZORA as “more than a meme coin” helped draw attention.

Still, the platform itself has received mixed feedback. Some find the UX unintuitive, sitting somewhere between SocialFi and NFT tools. It may still be a work in progress, but ZORA is clearly on traders’ radars.

If you’re hunting for the best crypto to buy right now, ZORA and VINE offer contrasting bets: one on speculative hype, the other on creator-driven infrastructure.

21 minutes ago

Trump Media Bets $300M on Bitcoin-Linked Options to Capitalise on Crypto Volatility

By Fatima

Trump Media & Technology Group (TMTG), the parent of Truth Social, has invested $300 million in options tied to Bitcoin-related securities, according to Bloomberg. The strategy aims to profit from crypto price swings without holding Bitcoin directly. These options, linked to ETFs, crypto firm shares, or notes from companies like MicroStrategy, offer high upside but carry significant risk if the strike price isn’t met.

While TMTG hasn’t commented, the move reflects a wider trading approach as the firm deepens its exposure to the crypto sector. Trump’s posts have historically moved digital asset prices, and the company already holds an estimated $2 billion in Bitcoin-linked assets.

Critics warn the financial strategy could blur lines between Trump’s political influence and personal investments. With crypto holdings making up a sizable chunk of Trump’s estimated $6.6 billion fortune, the overlap is raising concerns about potential conflicts of interest.

The post [LIVE] Bitcoin Briefly Reclaims $119K as Ethereum Climbs Toward $4K – Best Crypto To Buy? appeared first on 99Bitcoins.