Live Prices

Crypto Market Trend

Date: July 5, 2025

Market Cap 24h Change: -2.86%

Reason: The market has been down by -2.86% because of two main reasons. Firstly, a significant security breach occurred where hackers siphoned $140 million from Brazilian central bank reserve accounts via a partner breach, as reported here. This incident highlights persistent vulnerabilities within financial systems, undermining investor confidence. Secondly, there is increased caution around the market indicated by a prevailing bias for put options tied to Bitcoin and Ether among traders, which reflects fear of downside risks as noted by QCP Capital.

Date: July 4, 2025

Market Cap 24h Change: -5.23%

Reason: The market has been down by -5.23% because of ongoing regulatory and security challenges continuing to impact the cryptocurrency sector. Previous analyses have highlighted persistent negative trends largely due to heightened scrutiny following security breaches and increasing regulatory pressures. Major contributors include enforcement actions by Nigeria's SEC against unlicensed firms and security issues linked to North Korean hackers, which maintain a climate of fear. These factors, paired with ongoing put option fears for key cryptocurrencies and regulatory challenges, are creating a challenging environment, further fueling the negative sentiment in the market.

Date: July 3, 2025

Market Cap 24h Change: -2.85%

Reason: but the reason is not clear

Date: July 2, 2025

Market Cap 24h Change: 1.73%

Reason: The market has been up by 1.73% because

the M2 money supply has reached an all-time high, which could potentially drive significant investor interest in Bitcoin as a hedge against traditional currency devaluation. This macroeconomic condition provides a favorable backdrop for its growth.

Moreover, Canadian fintech company Mogo announced a $50 million plan to reserve Bitcoins, which not only led to a sharp increase in its stock prices but also could be interpreted as a strong endorsement of Bitcoin's potential from institutional players.

In addition, there are optimistic forecasts from financial institutions like Standard Chartered, suggesting that Bitcoin could defy past trends with the help of ETF and policy tailwinds, further fueling positive sentiment. This rise in confidence is reflected in the market's upward trend.

Date: July 1, 2025

Market Cap 24h Change: -3.80%

Reason: The market has been down by -3.8% because

several regulatory developments have intensified the negative sentiment within the cryptocurrency sector. Notably, the United States Supreme Court's decision allowing the IRS to access customer data from crypto exchanges without a warrant underscores increased regulatory scrutiny, which may undermine investor confidence and lead to heightened compliance challenges.

Additionally, Connecticut's legislation prohibiting crypto use in government and mandating strict disclosures for crypto firms further indicates growing regulatory pressures, adding to market unease and uncertainty.

Furthermore, Coinbase has suffered a dual blow from a significant stock sell-off and legal setbacks, which negatively impacts perceptions of stability and raises concerns about broader financial and regulatory challenges within the industry. These developments collectively contribute to the prevailing negative sentiment and market downturn.

Date: June 30, 2025

Market Cap 24h Change: -1.61%

Reason: The market has been down by -1.61% because Bitcoin's momentum has recently slowed as profit-taking occurs following a peak supported by institutional demand, further compounded by experienced Bitcoin holders selling off assets to new market entrants, like Wall Street investors, which indicates waning confidence. Additionally, Ethereum faces potential significant price drops as a major holder transfers large amounts to exchanges, signaling possible selling intentions. These factors collectively contribute to the negative sentiment observed across the cryptocurrency market.

Date: June 29, 2025

Market Cap 24h Change: -1.52%

Reason: The market has been down by -1.52% because

rising geopolitical tensions in the Middle East and growing macroeconomic uncertainties are contributing to heightened volatility, particularly affecting Bitcoin as it struggles to break out of its current wide trading range between $100,000 and $112,000.

Moreover, the increased caution among traders about potential downside risks in major cryptocurrencies like Bitcoin and Ether, as indicated by a bias for put options, reflects broader apprehensions that add to the negative sentiment. Additionally, regulatory actions in Nigeria targeting unlicensed crypto firms further amplify this sentiment, indicating persistent regulatory pressures on the market.

Date: June 28, 2025

Market Cap 24h Change: -1.34%

Reason: The market has been down by -1.34% because of ongoing negative sentiment driven by previous factors. This includes significant sell-offs, particularly involving Melania insiders who have sold $35 million in tokens leading to a price collapse over 98%. Additionally, the decision by Barclays to block its customers from using Barclaycard credit cards for crypto purchases suggests increased caution from financial institutions. Furthermore, the substantial 15% drop in Bitcoin's hashrate compounds investor concern. Together, these events foster uncertainty, diminishing confidence in the cryptocurrency market.

Date: June 27, 2025

Market Cap 24h Change: -1.69%

Reason: The market has been down by -1.69% because

persistent security concerns and strategic shifts have significantly impacted investor confidence. Recent reports indicate that crypto heists have reached $2.1 billion in losses across numerous incidents in 2025, highlighting severe security vulnerabilities within the industry. Additionally, the strategic changes of companies like Bit Digital, which involved a $150 million public offering and a pivot towards Ethereum, suggest potential uncertainties and diminished investor confidence in Bitcoin's immediate profitability. These factors collectively contribute to the negative sentiment dominating the crypto market.

Date: June 26, 2025

Market Cap 24h Change: -2.60%

Reason: The market has been down by -2.6% because

recent events have generated concerns within the crypto sector, contributing to negative sentiment. A significant security breach involved the Stablecoin protocol Resupply losing $9.6 million due to a price manipulation exploit, highlighting vulnerabilities and security issues in DeFi projects.

Additionally, the decision by Bit Digital to shift from Bitcoin mining to Ethereum reflects uncertainties regarding the profitability of Bitcoin mining. This strategic move may imply a lack of immediate confidence in Bitcoin's market prospects.

Furthermore, cautious market sentiment prevails, considering the downside risks in major cryptocurrencies like Bitcoin and Ether as noted by QCP Capital.

These developments collectively contribute to the observed downturn.

Newsletter

Join our newsletter to receive the latest updates, news and insights!

Rest assured, we won't spam your inbox!
Get In Touch

[email protected]

Follow Us

© BlockBriefly. All Rights Reserved.