Why Is Crypto Down Today? – July 25, 2025

Key Points

1. The cryptocurrency market capitalization dropped by 5.1% to $3.84 trillion, with Bitcoin (BTC) down 2% to $115,282 and Ethereum (ETH) up 1.9% to $3,621.

2. US ETH spot ETFs continued inflows for the 15th consecutive day, while US BTC spot ETFs resumed positive flows after a period of outflows.

3. Analysts, including Ruslan Lienkha of YouHodler, view the market pullback as a healthy pause within a larger upward trend, with technical analysis supporting a continued bull market.

4. Notable market movements included Tron (TRX) rising 3.6%, Solana (SOL) falling 2.8%, and leveraged crypto bets seeing over $721 million in liquidations.

5. Galaxy Digital transferred 17,123 BTC to exchanges, and Strategy expanded its Bitcoin treasury funding to $2 billion, signaling continued institutional interest in crypto.