Bitcoin confronted heavy promoting stress after the information that Galaxy Digital reportedly sold off 10,000 BTC price $1.18 billion. They later added extra stress by sending one other 2,850 BTC ($330 million) to exchanges simply minutes earlier than the market began to slip.
During the last 24 hours, greater than $731 million in crypto positions had been liquidated, in response to CoinGlass. Practically 214,000 merchants had been caught within the transfer, a lot of them betting on additional worth will increase.
Ethereum dropped 1.3% to $3,598 and noticed $104 million in lengthy positions worn out. Dogecoin took a fair larger hit, falling 7% to $0.22 and shedding $26 million in longs.
Regardless of the drop, crypto sentiment stays bullish. Bitcoin just lately hit an all-time excessive of $123,100 on July 14. The Crypto Worry & Greed Index continues to be displaying “Greed” with a rating of 66.
(BTCUSDT)
Bitcoin is pulling again after rejecting close to $122,000 and is now holding simply above the $115,600 help degree. If this degree breaks, the subsequent key help sits round $108,300. The general pattern stays bullish above that zone, however short-term momentum is weakening. A bounce from present ranges may retest $119K–$120K, whereas a deeper correction may goal $108K if promoting accelerates.
However for now, merchants are cautious. If BTC drops again to $119,500, round $3 billion briefly positions could possibly be in danger.
EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now
Bitcooin Newest Information – BTC Value Drops However These Altcoins Are Displaying Energy
Whereas giant caps dipped following the information of giant sell-offs, some altcoins surged. SYRUP by Maple Finance jumped 24.5% after being listed on Upbit, one in all South Korea’s high exchanges, and is now up 33% on the day.
JUST IN: $SYRUP by @maplefinance is up 24.5% after being listed on Upbit. pic.twitter.com/oBnZ5m8kGn
— CoinGecko (@coingecko) July 25, 2025
In the meantime, Graphite (GP) is up over 40% within the final 24 hours and almost 4500% in a single month, displaying that not all crypto belongings are following Bitcoin’s lead. Graphite Protocol is a creator-focused platform beginning on Solana, aiming to simplify undertaking launches throughout a number of blockchains like ETH and Polygon. It affords no-code instruments, minting infrastructure, and on-chain utilities like on line casino video games.
Generally, the remainder of the altcoins are recovering from the in a single day dump with BONK already up 8% and ETH recovering a 3%.
Cronos Crypto Value Surge As BTC Hovering Close to ATH: Echoes of 2021 Bullrun?
Cronos crypto is gaving its momentum, with the worth hitting greater than 60% up this month. After the dip on the crypto bear interval Cronos market cap is working again to $4.2 billion at this time. Cro pumps could possibly be an echo to its robust efficiency in late 2021.
Bitcoin’s proximity to a brand new all-time excessive, simply 5% away, is lifting the altcoins’ market, and CRO is among the benefactors, particularly with a 15% pump on inclusion in Donald Trump’s crypto reserve and an 8% enhance, including to a 44% year-to-date achieve.
If Trump doesn’t pump it greater than at this time, then what is going to?
The query is, will Cronos return to its 2021 crypto bullrun heights?
TOKEN6900 Presale Features Traction With Over $1.1M Raised — Might It Observe USELESS to the Massive Leagues?
The hype round meme cash making it to main exchanges is rising. Only recently, OKX listed perpetual futures for USELESS/USDT, signaling rising demand for meme crypto belongings.
Meme coin hunters all the time chase the subsequent breakout like USELESS or SPX6900, and TOKEN6900 (T6900) often is the one. This absurd, Gen-Z-fueled meme coin is deep into presale, with over $1.1 million raised towards a $5 million arduous cap.
Constructed purely on vibes, TOKEN6900 embraces a no-utility, no-roadmap method that resonates with the TikTok technology. The neighborhood is rising quick, mirroring the early cult-like following behind SPX6900, which went on to surpass $1 billion in market cap.
T6900 additionally affords staking with a 63% APY, giving holders a technique to develop their tokens whereas ready for the presale to promote out. Tokens might be purchased simply through Greatest Pockets or bank card.
Might TOKEN6900 be subsequent in line for a serious itemizing? With momentum constructing, a loyal neighborhood forming, and memes driving engagement, it’s a robust contender.
BlackRock’s Ethereum ETF Hits $10 Billion in Simply One 12 months
BlackRock’s iShares Ethereum Belief (ETHA) has surpassed $10 billion in belongings underneath administration (AUM), simply over a yr after launch. It’s now the quickest non-Bitcoin ETF to achieve this milestone and the third-fastest general in U.S. ETF historical past, behind solely BlackRock’s Bitcoin Belief and Constancy’s FBTC.
In response to Bloomberg’s Eric Balchunas, ETHA doubled from $5 billion to $10 billion in simply 10 days, displaying robust demand. It ranks among the many high 5 ETFs by inflows over the previous week and month.
Ethereum ETFs have gained momentum in July, with $4.7 billion in month-to-month inflows. On July 17 alone, ETH ETFs introduced in $602 million, outpacing Bitcoin ETFs at $523 million. Every day movement information from yesterday exhibits Constancy’s Ethereum ETF led with $210.1 million that day.
(Source)
Whereas Bitcoin funds lead in complete inflows, Ethereum ETFs are rising sooner resulting from DeFi publicity, staking potential, and Ethereum’s proof-of-stake mannequin, signaling rising institutional confidence in ETH’s long-term worth.
Massive Wager on Bitcoin Crypto Bust: Dealer Wagers on Plunge to $110K BTC/USD
Bitcoin crypto cracked beneath $116,000 on Friday, and the market adopted it straight into the Earth’s crust. We’re within the underworld boys, and someday “gals.”
Greater than $731 million vanished in liquidations, with lengthy positions making up the majority of the massacre. CoinGlass information exhibits $585 million flushed in hours.
“This dump is a pure leverage flush.” – @AshCrypto, X
BTC itself accounted for $140.06 million of these liquidations, falling 2.63% to commerce round $115,356.Ethereum adopted intently, shedding 1.33% to commerce close to $3,598, with $104.76 million in liquidated lengthy bets.
Among the many high altcoins, Dogecoin, SEI, SUI, and XRP had been hit the toughest, dropping 7% to twenty%. All informed, 213,729 merchants had been liquidated within the final 24 hours. In the meantime, a brand new crypto presale is about to rocket when the market turns round. Here’s where this crash heads next:
BonkFun, BONK’s Launchpad, Hits New All-Time Excessive in Market Share
- 50% is used to purchase and burn BONK
- 4% goes to the Strategic BONK Reserves
- 4% funds the BonkRewards program
The put up Bitcoin Crypto News: BTC Dumps $1.18B as Liquidations Hit $731M – But Altcoins Like SYRUP and Graphite Soar appeared first on 99Bitcoins.
