Why Is Crypto Down Today? – July 30, 2025
Main Idea
The crypto market experienced a downturn on July 30, 2025, with most top cryptocurrencies declining, while the Federal Reserve's steady interest rate decision and mixed market signals influenced investor sentiment.
Key Points
1. The crypto market cap dropped to $3.95 trillion, with 92 of the top 100 coins declining, including Bitcoin (BTC) and Ethereum (ETH).
2. BTC traded at $118,159 (-0.7%) and ETH at $3,817 (+0.2%), while Binance Coin (BNB) fell the most (-3.5%).
3. US BTC and ETH spot ETFs recorded inflows of $79.98 million and $218.64 million respectively, with BlackRock leading inflows.
4. The Federal Reserve is expected to hold interest rates steady, impacting market expectations and investor sentiment.
5. Michael Saylor's MicroStrategy acquired 21,021 BTC for ~$2.46 billion, and Kraken plans a $500 million funding round at a $15 billion valuation.
Description
The crypto market is down today, with 92 of the top 100 coins per market in the red. The cryptocurrency market capitalization has dropped by another 4.8% over the past 24 hours to $3.95 trillion. At the same time, the total crypto trading volume is at $146 billion. TLDR: Crypto market cap stands below $4 trillion; 92 of the top 100 coins are down, as are 8 out of the top 10 coins; BTC trades at $118,159 and ETH at $3,817; US ETH spot ETFs hit the 18th day of inflows, nearing a record; US BTC spo...
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