Market Updates
Economics (July 27 - August 3, 2025)
- Global Economic Outlook: The International Monetary Fund (IMF) projects global growth at 3.0% for 2025 and 3.1% in 2026. Global inflation is expected to decline from 6.8% in 2023 to 5.9% in 2024 and 4.5% in 2025.
- US Tariffs: The average effective tariff rate in the US reached 18.2%, the highest since 1934. These tariffs are projected to lower US real GDP growth by 0.5 percentage points each year in 2025 and 2026. The unemployment rate is expected to rise, and payroll employment is projected to decrease.
- US GDP Growth: The GDPNow model estimate for real GDP growth in the third quarter of 2025 was 2.1% on August 1, down from 2.3% on July 31.
- US Consumer Confidence: Consumer confidence saw a modest gain in July, driven by consumers over 35 years old. Consumers' outlook for income prospects and the labor market was less negative.
- Bank of England Rate Cut: The Bank of England is expected to cut interest rates to 4% in response to rising unemployment and the impact of US tariffs. The IMF forecasts that the UK economy will struggle to expand significantly in the second half of 2025.
- Australian CPI: Inflation in Australia rose 2.1% over the year.
- Canada GDP: Canada's real GDP slipped 0.1% in April.
- Apple's Performance: Apple reported strong Q3 results, with iPhone sales driving record quarterly revenue. iPhone production in India surged 53% year-over-year in the first half of 2025.
Crypto Updates (July 27 - August 3, 2025)
- Bitcoin (BTC) Trends: Bitcoin ETFs saw inflows that boosted institutional confidence. Bitcoin neared $100,000, and its ETF structures created scarcity effects similar to gold. Bitcoin's price surged by 935% over five years, outperforming gold's 664% gain over two decades.
- Bitcoin Price Forecasts: Bitcoin's breakout in August 2025 is anticipated due to ETF inflows and post-halving volume trends, potentially pushing prices above $110,000. CoinCodex projects a 12.5% rise by August 28, targeting $133,300.
- Altcoin Performance: August is historically a launchpad for altcoins, as Bitcoin dominance tends to decrease, allowing capital rotation into altcoin markets.
- XRP (Ripple): XRP is eyeing a 20% rebound in August. The launch of Ripple USD (RLUSD) has also increased attention.
- Ethereum (ETH): Ethereum traded around 3,800 USDT.
- Zora (ZORA): Zora surged to $0.054, marking a 600% increase since June, following its listing on Binance Futures.
- Crypto Hacks: Crypto hacks topped $142 million in July, a 27% increase from June. CoinDCX suffered the highest loss of the month after a security breach.
- CFOs and Crypto: 99% of CFOs at billion-dollar firms expect to use crypto for business in the long term.
Economic and Crypto Analysis for the Week of August 4 - August 10, 2025
- Economic Focus: Expect market participants to closely monitor macroeconomic statistics from Switzerland, China, the US, New Zealand, the Eurozone, Australia, and Canada. The outcome of the Bank of England meeting will also be a key focus.
- Anticipated Trends: Given the anticipation of a Bank of England interest rate cut, monitor how this impacts mortgage rates and business borrowing costs in the UK. Watch for reactions to the US tariff policies and their effect on GDP and employment.
- Crypto Focus: Monitor Bitcoin's performance, especially in light of ETF inflows and historical post-halving trends. Altcoins may experience increased momentum as Bitcoin dominance potentially shifts. Keep an eye on regulatory developments and institutional adoption, as these factors will likely influence market dynamics.
SorooshX Updates
We are excited to announce the listing of trending trading pairs on our platform (Spot and Futures) during the last week:
- Spot: Spheron Network (SPON), Naoris Protocol (NAORIS), Rhea Finance (RHEA), Treehouse (TREE), Unite (UNITE), Gaia (GAIA), IKA (IKA), NERO Chain (NERO).
- Futures: RHEAUSDT, NAORISUSDT, IKAUSDT, ESPORTSUSDT.
Think you’ve got what it takes to make the leaderboard?
Start your own trading channel on SorooshX today and begin sharing your market insights and signals with a growing community of traders. It's your chance to shine, build a following, and earn weekly bonuses for your performance.
Thank you for being a part of the SorooshX community! Stay informed and make the most of your trading experience on SorooshX! Here’s how you can engage with us:
- Explore New Features: Log in to your SorooshX account to experience the latest updates and improvements.
- Join the Conversation: Join “Ideas” our special social media for traders on SorooshX to stay updated on market trends and platform news.
- Trade Smart: Take advantage of our newly listed trading pairs and explore new opportunities in the market.
