Crypto Market Trend
Date: July 31, 2025
Market Cap 24h Change: -4.82%
Reason: The market has been down by -4.82% because
- Bitcoin Price Rejection: There has been a significant rejection at the $120,000 resistance level, with predictions of a further price drop towards $110,000 fueled by whale inflows, which adds to bearish sentiment.
- Regulatory Crackdown: Algeria's decision to criminalize all crypto activities imposes a blanket ban that contributes negatively to the global regulatory environment, fostering widespread market anxiety.
- Reduced Demand: Reports of a decline in Bitcoin demand among U.S. investors signal a potential market correction, which aligns with overall bearish pressures affecting cryptocurrency values.
Date: July 30, 2025
Market Cap 24h Change: -4.58%
Reason: The market has been down by -4.58% because of significant negative developments:
- Algeria has criminalized all crypto activities, introducing a comprehensive ban on the use, possession, trading, mining, and promotion of digital assets, further intensifying global regulatory pressures (source).
- The substantial drop in Bitcoin’s price below significant levels reflects ongoing market weaknesses and global concerns, compounding the negative market sentiment.
- Additionally, worries about potential further declines are underscored by decreasing open interest in XRP, indicating broad investor apprehension about major cryptocurrencies and potential downturns.
Date: July 29, 2025
Market Cap 24h Change: -4.58%
Reason: The market has been down by -4.58% because of significant negative developments:
- Algeria has criminalized all crypto activities, introducing a comprehensive ban on the use, possession, trading, mining, and promotion of digital assets, further intensifying global regulatory pressures (source).
- The substantial drop in Bitcoin’s price below significant levels reflects ongoing market weaknesses and global concerns, compounding the negative market sentiment.
- Additionally, worries about potential further declines are underscored by decreasing open interest in XRP, indicating broad investor apprehension about major cryptocurrencies and potential downturns.
Date: July 28, 2025
Market Cap 24h Change: -5.06%
Reason: The market has been down by -5.06% because several significant negative developments have converged:
- Chinese authorities in Beijing's Haidian District uncovered a $20 million Bitcoin laundering bust, highlighting increased regulatory scrutiny and enforcement efforts, which can create a sense of legal uncertainty and fear among investors. This crackdown adds pressure to the crypto market source.
- The PENGU team dumped tokens worth $66 million into the market. Such massive sell-offs contribute to the selling pressure across the ecosystem, adversely impacting market dynamics and investor confidence source.
- Cautious sentiment among traders also persists as demonstrated by a preference for put options tied to Bitcoin and Ether, indicating concerns of further declines, as reported by QCP Capital.
Date: July 27, 2025
Market Cap 24h Change: -2.58%
Reason:
The market has been down by -2.58% because several factors contributed to negative market sentiment:
- Heightened market volatility due to the impending deadline for the U.S.-Europe tariff deal is causing economic uncertainty, negatively impacting investor confidence.
- Nigeria's SEC’s announcement about enforcement actions against unlicensed crypto firms adds regulatory pressure, which may deter investors concerned about increased compliance measures.
- Crypto traders are showcasing caution regarding downside risks, particularly with Bitcoin and Ether, as reflected by options data showing a bias for put options, suggesting concerns of further price declines.
Date: July 26, 2025
Market Cap 24h Change: -2.91%
Reason: The market has been down by -2.91% because several negative factors are contributing to a decline in sentiment:
- Speculation around Ethereum's "extreme euphoria" on social media has raised concerns among investors that such sentiment could trigger a price plunge, leading to cautious positioning source.
- Issues within the XRP community continue, with warnings about a possible $9 billion sell-off related to Chris Larsen, indicating insider profit-taking potential, which fuels investor apprehension.
- Moreover, recent caution among crypto traders, especially concerning downside risks in Bitcoin and Ether, suggests a general wariness and negative outlook.
- Unexpected movements in the Shiba Inu token due to significant transfers on Coinbase have sparked anxiety over potential price volatility, further increasing market pressure source.
Date: July 25, 2025
Market Cap 24h Change: -6.06%
Reason: The market has been down by -6.06%, but the reason is not clear.
Date: July 24, 2025
Market Cap 24h Change: -3.17%
Reason: The market has been down by -3.17% because significant liquidations in major altcoins such as Ethereum and XRP, totaling $976 million, have negatively impacted market sentiment. Ethereum is facing challenges as its staking market reaches a three-year low amid turmoil, adding to investor concerns about network stability. Additionally, large movements of XRP by Ripple's co-founder, amounting to $175 million, might reflect insider profit-taking or strategic repositioning, further contributing to the observed market downturn. These factors combined with a broader pullback after a previous rally have intensified the negative sentiment in the market.
Date: July 23, 2025
Market Cap 24h Change: -6.60%
Reason: The market has been down by -6.6% because several factors have contributed to increased negative sentiment:
- The US Securities and Exchange Commission (SEC) has issued a stay order on the approval of new crypto ETFs, which creates significant regulatory uncertainty and negatively impacts investor confidence. This exacerbates ongoing fears regarding the regulatory environment surrounding cryptocurrency investments.
- Further compounding these concerns is the decision by New Zealand to ban crypto ATMs, signaling increased global regulatory scrutiny and contributing to negative market sentiment.
- Economic pressures are also heightened by South Korean regulators advising asset managers to limit their exposure to cryptocurrencies, which adds to broader market apprehension about the stability and viability of crypto investments.
Date: July 22, 2025
Market Cap 24h Change: -2.99%
Reason:
The market has been down by -2.99% because of several factors contributing to cautious sentiment among investors. Firstly, there has been a significant outflow of $131.4 million from Bitcoin ETFs, indicating a potential reevaluation of Bitcoin positions by investors. Additionally, a distinct "cooling off period" for altcoins, including Ethereum and Dogecoin, has been noted following recent overbought signals. This general slowdown within the altcoin space adds to market apprehension. Furthermore, Ethereum experienced a brief halt in its recent winning streak, notably influenced by significant profit-taking activities among large holders. The culmination of these factors reflects a strategic reassessment and profit-taking behavior, affecting the market negatively.
Follow Us
Newsletter
Join our newsletter to receive the latest updates, news and insights!
Rest assured, we won't spam your inbox!