Why Is Crypto Down Today? – July 4, 2025

Key Points

1. The cryptocurrency market capitalization dropped 4.2% to $3.43 trillion, with total trading volume at $97.3 billion, down from $120 billion the previous day.

2. BTC remained mostly unchanged at $108,836, while ETH fell 2% to $2,547; Tron (TRX) was the only top 10 coin with a slight increase (0.4%).

3. Derive.xyz estimates a 10% chance BTC surpasses $130,000 and a 15% chance ETH surpasses $3,300 by the end of August, citing Fed rate cuts and geopolitical developments as key catalysts.

4. US spot BTC ETFs recorded the highest daily inflow in six weeks ($601.94 million), while ETH ETFs saw inflows of $148.57 million after a previous outflow.

5. DeFi Development Corp. acquired $2.7 million worth of Solana, increasing its total holdings to 640,585 SOL (~$98.1 million).