Major cryptocurrency markets remained flat on Thursday, July 31, as investor caution lingers, following the Federal Reserve’s decision yesterday to hold rates steady and the publication of the White House digital assets working group’s recommendations for crypto policy.

Bitcoin (BTC) continues trending sideways this week. As of press time, it’s trading just under $118,000, flat both on the daily and weekly charts, after briefly spiking to about $118,644 earlier this week.

The price stagnation may reflect uncertainty following the release of the much-anticipated report from President Donald Trump’s Working Group on Digital Asset Markets, which failed to provide any new details on the Strategic Bitcoin Reserve, leaving investors without clear direction on that front.

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