Why Did Bitcoin Crash In July? This Explains It
Main Idea
Bitcoin's price decline in late July 2025 was caused by an imbalance between low supply and weak demand, particularly due to reduced buying activity from ETFs and large investors.
Key Points
1. Bitcoin hit an all-time high of $123,091 on July 13, 2025, but dropped nearly $9,000 afterward due to market volatility.
2. The price decline was attributed to a mismatch between low supply and weak demand, with ETFs and large investors pulling back.
3. Bitcoin's trading volume increased by 13.63% to $55.96 billion, but the price fell by 0.22% in the last 24 hours to $114,314.30.
4. Robert Kiyosaki predicted further declines in Bitcoin's price in August, citing its 'curse' as a potential trigger.
5. Metaplanet resumed Bitcoin purchases on Aug. 4, acquiring 463 BTC for its holdings.
Description
Imbalance in demand and supply from Bitcoin ETFs and other market participants weighed down coin in late July
Latest News
- Trading Legend Peter Brandt Names 3 Key Red Flags to Detect Scam Firms By2025-08-05 13:40:02
- Binance Coin (BNB) Price Prediction for August 52025-08-05 13:36:31
- 'Bridge to Tomorrow': Michael Saylor on New Bitcoin Agenda2025-08-05 13:30:57
- SHIB Price Prediction for August 52025-08-05 13:11:21
- Insane Bitcoin Buy Volume Stuns Bybit Exchange, Bullish Data Emerge2025-08-05 12:52:08