News View Non-AMP

Why is Crypto Crashing Today? XRP News, Bitcoin Price Today, Tesla Stock Earnings and More

Published by
Qadir AK

July 24, 2025 08:11:18 UTC

Altcoin Season Index Drops to 34 – Rally Put on Hold as Bitcoin Dominance Surges

The long-anticipated altcoin season appears to be on pause. Bitcoin dominance has surged back above 61%, signaling a shift in market momentum back toward BTC. At the same time, CoinMarketCap’s Altcoin Season Index has sharply dropped to 34 out of 100, far from the 75+ threshold that typically marks a true altcoin rally. This trend suggests that traders are rotating capital back into Bitcoin, likely due to macro uncertainty and recent volatility in the altcoin space. Until dominance drops and the index rebounds, investors may need to stay patient before the next altcoin breakout begins

July 24, 2025 07:27:23 UTC

Bitcoin Dominance Eyes Bullish Wave as Key Trendline Retest Looms

Bitcoin dominance has likely entered wave (4) to the upside, signaling a potential shift in momentum. Analysts are watching closely for a retest of the descending trendline from below, which would serve as a strong bullish confirmation. However, to sustain downward pressure on altcoins and preserve the broader market structure, BTC dominance must remain below the critical 62.99% resistance level. A breakout above that could invalidate the bearish outlook and trigger further upside in Bitcoin’s market share, potentially delaying the long-awaited altcoin season investors have been anticipating.

July 24, 2025 07:07:38 UTC

$735M in Crypto Liquidations as ETH, XRP Traders Hit Harder Than Bitcoin

A sudden market pullback wiped out nearly $735 million in crypto futures, with bulls suffering the most. Ethereum traders saw the largest losses at $152.78M, followed by XRP at $88.58M—both surpassing Bitcoin’s $65.29M in liquidations, per CoinGlass. The steep losses came as leveraged altcoin traders were caught off guard amid mild price drops. Over $625M in long positions were liquidated, highlighting panic exits and profit-taking near resistance. ETH dropped 3.6% to $3,540, while XRP plunged 6% to $3.25. Analysts say high leverage and lack of a clear catalyst intensified the selloff across major tokens.

July 24, 2025 07:03:14 UTC

Why is Crypto Market Down Today?

The crypto market is in correction mode midweek following Bitcoin’s recent all-time high. BTC has slipped below the $120K mark, currently trading near $118K, with Ethereum, XRP, and Solana also breaking key support levels. Analysts point to widespread profit-taking by retail traders and whales as the primary cause, increasing selling pressure across top assets. Network profit/loss data confirms this trend, showing significant realized profits for BTC, ETH, and XRP since May. Meanwhile, institutional interest remains strong, keeping long-term sentiment intact. The altcoin season index is at 49—suggesting a possible shift in momentum toward altcoins is on the horizon.

July 24, 2025 07:23:56 UTC

Ethereum and XRP Liquidity Hits Record Highs Despite Low Trade Volumes

While overall crypto trade volumes remain below yearly highs, liquidity for major altcoins is hitting new records. Ethereum’s 1% market depth, an indicator of liquidity, has reached its highest level in 2025, signaling stronger buying and selling support. XRP is also making headlines with a record-breaking move backed by a robust order book. This surge in liquidity suggests increased market confidence and deeper trading activity, even as volumes remain subdued. Analysts view this as a bullish signal, hinting at possible price stability or growth ahead for ETH and XRP.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

ClearBank to Join Circle’s Payments Network and Expand Stablecoin Access

ClearBank, a technology-enabled clearing bank, is making a major push into digital finance to expand…

October 27, 2025

Polkadot Price Prediction 2025, 2026 – 2030: Will DOT Price Cross $10?

Story Highlights The live price of the Polkadot crypto token is . Polkadot price can…

October 27, 2025

This New Crypto Priced Under $0.04 Might Change Your Crypto Portfolio Forever

Every market cycle brings a handful of early-stage projects that redefine what’s possible in DeFi…

October 27, 2025

XRP Jumps 6% to $2.63, But Digitap’s ($TAP) $1 Million Milestone Signals a Much Bigger Breakout Ahead

Animal spirits are back. XRP just ripped 6% in a day, reclaimed $2.50, and investors…

October 27, 2025

Bitcoin Price Prediction 2025: Why November Could Be the Jackpot Month?

As October draws to a close, optimism around Bitcoin price prediction 2025 is heating up.…

October 27, 2025

China’s Central Bank Warns Stablecoins Still Carry Big Risks

Stablecoins have been attracting increasing attention lately as banks and institutions explore its growing role…

October 27, 2025