Jump to content
Create New...

[LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing

🎧
Analista ExpertFX

ExpertFX Podcast -
No time to read? Let me read it for you. Press Play!


Ben Graham
 Share

Recommended Posts

  • REDATOR

The crypto market is actually doing well today. Bitcoin is closer to its all-time high than $100k, while Ethereum is hovering above $4.5K. And some are asking, “Why did crypto crash today?”

Although, there was some turbulence like hotter-than-expected US PPI data at 3.3% year-over-year which brought fears of delayed Fed’s rate cuts, the total crypto market cap is still at above $4 trillion.

Bitcoin has fallen by more than 3% to around $119K, while over $860 million in long positions were liquidated in 24 hours. Yet, some altcoins showed resilience, showing that the bull run is far from over.

[LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing - ExpertFX School

(Source)

Why Did Crypto Crash Today? Nope, Crypto Is Having A Healthy Correction

Meme tokens dropped by 8%, a big correction, but capital rotated into resilient alternatives as Bitcoin dominance is still under 60%. XRP dropped by 6% to $3.1, a healthy pullback after it ran to its $3.66 ATH. Besides, its trading volume also jumped by more than 200% earlier, showing that interest in Ripple remains.

XLM, on the other hand, went to $0.45, down 5% this past 7 days week after a 16% gain last week. Both XLM and XRP are experiencing healthy corrections.

XRP
Price
Market Cap
XRP
$184.95B
24h7d30d1yAll time

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

However, not every coin is experiencing a dip; Ethereum pumped by 2.5% this week to $4,600, boosted by $5.5 billion in July ETF inflows. Adding to the buy pressure, there was a big institutional buys exceeding 2 million ETH since June. With some saying that Ethereum is the new Bitcoin.

Solana climbed almost 5% to $200, which happened while PUMP was sucking most of the SOL liquidity. ETF speculation, apart from it being a degen paradise, has it aiming for a new all-time high with a $300 target.

Cardano bumped by 10% this week to above one dollar mark, although its correcting as well. ADA has experienced a 110% nudge in derivatives volume, and is now targeting $1.15.

These all show an emerging altcoin season, where Ethereum’s institutional buying, Solana as a degen home, and Cardano momentum draw flows from Bitcoin.

The next CPI data will likely force a rebound; the dip is a short-term macro pressure.

So, why did crypto crash today? Well, today is an antic before a bigger leap.

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Will Mantle Win The Ethereum L-2 War?

[LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing - ExpertFX School
By Akiyama Felix

Mantle price has crazily pumped by 55% in the past month, climbing from a low 70cents to above $1. MNT, the Mantle coin, is interesting as it coils near resistance at $1.1 and has a volume spike by over 200% in the past days.

It was unexpected to see Mantle pumps, but its 2.0’s modular upgrades and a rumor of its treasury concentration have been fueling the current rally. Will Mantle 2.0 tech win the war of Ethereum layer-2s?

[LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing - ExpertFX School

(Source)

Read the full story here.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

SEI Is Outpacing BASE In Crypto Transactions!!

[LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing - ExpertFX School
By Akiyama Felix

Crypto project SEI is leaving Coinbase’s Base in the dust, flexing faster speed, bigger adoptions gains, and surging stablecoin flows. Now it’s facing biggest challenge yet: is it going to smash through the $0.4 resistance wall.

Backed by record-breaking transactions, native USDC growth, and DEX volume highs, SEI’s momentum is undeniable. Traders are watching closely as the chart flashes bullish patterns and network fundamentals signal a possible explosive move ahead.

Read the full story here.

The post [LIVE] Why Did Crypto Crash Today? XRP and XLM Falling, ETH, SOL, ADA Skyrocketing appeared first on 99Bitcoins.

💬 Gostou do conteúdo? Sua avaliação é muito importante!
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

Trading Hub
Market Open
Sincronizando dados...
Sentiment Varejo
CONTRÁRIO
  • Analisando fluxo...
Avalie a ExpertFX School no Trustpilot e
contribua com a nossa evolução!
Trust Pilot


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.