Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?

August 1, 2025

Missed PEPE And BONK? These Are The Best Cryptos To Buy Now Before The Next 10x Rally

August 1, 2025

Why the GENIUS Act Benefits RWA Tokenization Companies

August 1, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Why is Crypto Market Going Down Today? XRP Crashes 4% as BTC and ETH Drop

0
By on August 1, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Why is Crypto Market Going Down Today? XRP Crashes 4% as BTC and ETH Drop appeared first on Coinpedia Fintech News

The cryptocurrency market saw a sharp dip in the last 24 hours, with the global crypto market cap falling by over 2.4% to $3.78 trillion. Top cryptocurrencies like Bitcoin and Ethereum were not spared from the downturn. Bitcoin dropped by more than 2% and is currently trading around $115,957, while Ethereum slipped over 3.6% to $3,717.

Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention. 

Why Are Cryptos Falling Today? 

This downturn has been largely triggered by macroeconomic uncertainty, particularly after the U.S. Federal Reserve decided to keep interest rates unchanged while issuing a stern warning about slowing economic growth. Markets had briefly rallied after the White House released a crypto policy report pushing for clearer SEC guidelines, but that faded quickly as the Fed’s message began to sink in.

Adding to the pressure, total liquidations across the crypto market reached nearly $631.98 million. When global economic signals turn bearish, capital tends to move out of riskier assets like altcoins first. With crypto no longer operating in a vacuum, market sentiment is being shaped by the same global forces that drive equities and commodities.

As of August 1st, President Donald Trump’s aggressive tariff strategy is beginning to take effect. While tariffs are traditionally a concern for traditional markets and international trade, their ripple effect is now increasingly being felt in crypto markets. Tariffs often trigger inflationary pressures and destabilize fiat currencies, conditions that sometimes push investors toward Bitcoin and other digital assets as a hedge. However, in the short term, these sudden shocks often lead to liquidity crunches and panic selling, especially in risk-on assets like altcoins.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?

August 1, 2025

Missed PEPE And BONK? These Are The Best Cryptos To Buy Now Before The Next 10x Rally

August 1, 2025

Solana Sees 370% Jump in Open Interest: Can SOL Price Rebound?

August 1, 2025
Leave A Reply Cancel Reply

What's New Here!

Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?

August 1, 2025

Missed PEPE And BONK? These Are The Best Cryptos To Buy Now Before The Next 10x Rally

August 1, 2025

Why the GENIUS Act Benefits RWA Tokenization Companies

August 1, 2025

Solana Sees 370% Jump in Open Interest: Can SOL Price Rebound?

August 1, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.