Why Is Crypto Down Today? – July 15, 2025
2025-07-15 11:15:43
Main Idea
The cryptocurrency market experienced a significant pullback on July 15, 2025, with most top coins declining, but analysts suggest the upward momentum for Bitcoin may continue despite the dip.
Key Points
1. The total cryptocurrency market capitalization decreased by 6.7% to $3.74 trillion, with 95 of the top 100 coins dropping in value.
2. Bitcoin (BTC) fell 4.4% to $116,999, and Ethereum (ETH) dropped 1.4% below $3,000, while Dogecoin (DOGE) saw the highest decline at 7.6%.
3. James Toledano of Unity Wallet noted that Bitcoin's upward momentum might continue, calling it a 'scarce, maturing, and in-demand asset.'
4. US BTC and ETH spot ETFs recorded inflows, with BlackRock leading BTC inflows at $394.71 million and ETH ETFs seeing $259.04 million in inflows.
5. Analyst Katie Stockton predicts Bitcoin could reach $135,000 in the medium term, while market sentiment remains in the 'greed zone,' indicating potential overheating.
Description
After several days of significant increases and new all-time highs, the crypto market is down today. The vast majority of the top 100 coins per market cap have dropped over the past 24 hours. At the same time, the cryptocurrency market capitalization has decreased by 6.7% to $3.74 trillion. The total crypto trading volume is at $217 billion, nearly double that of yesterday. TLDR: The crypto market sees a pullback; 95 of the top 100 coins dropped today; BTC fell below $117,000, while ETH dropped ...
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