Thursday, July 31, 2025

Bitcoin, Ethereum, XRP, Dogecoin Slide After Trump Commerce Deal Strengthens Greenback

Cryptocurrency markets are buying and selling decrease on Monday because the greenback strengthens off the again of the US-EU commerce deal.

Cryptocurrency Ticker Value
Bitcoin BTC/USD $118,108.50
Ethereum ETH/USD $3,797.82
Solana SOL/USD $186.08
XRP XRP/USD $3.15
Dogecoin DOGE/USD $0.2302
Shiba Inu SHIB/USD $0.00001351

Notable Statistics:

  • IntoTheBlock information reveals Bitcoin’s giant transaction and each day energetic addresses decreased by 0.6% and 4.1%, respectively. Exchanges netflows elevated by 224.4%.
  • Coinglass information reveals 129,457 merchants had been liquidated up to now 24 hours for $383.28 million. 

Notable Developments:

Dealer Notes: Crypto dealer Titan of Crypto highlighted that Bollinger Bands are squeezing, signaling a interval of compressed volatility that usually precedes a serious worth transfer. “Low volatility = Large transfer incoming,” he mentioned

Disclosure: 82% of retail CFD accounts lose cash

CryptoCon pointed out that the Bitcoin Golden Ratio Multiplier’s cycle prime has now climbed to $181,000, reflecting an upward-trending peak projection for this market cycle.

Crypto Seth emphasised that Bitcoin stays firmly in a bull market, noting it has retested the decrease band 11 instances this cycle. This can be a obligatory ache level for long-term upside as there could be no reward with out being keen to trip out the draw back.

Dealer Mayne added that Bitcoin longs seem sturdy, and the current wick into the each day Honest Worth Hole (FVG) could act as stable help. He believes this pullback might be the final good entry earlier than the subsequent main leg up.

Learn Subsequent:

Picture: Shutterstock

Inventory Rating Locked: Need to See it?

Benzinga Rankings offer you important metrics on any inventory – anytime.

Reveal Full Rating

Market Information and Information dropped at you by Benzinga APIs

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles