At 9:42 PM (6:42 PM GMT) on Monday, Litecoin was trading at $111.22, according to the Investing.com index, down 10.08% on the day. This marked the largest single-day decline in the cryptocurrency’s value since April 6.
Last week, bitcoin- and ethereum-based exchange-traded funds lost $1.43 billion. This ended a two-week inflow period during which $4.3 billion had been attracted.
Bitcoin fell below $113,000 on Monday, erasing the sharp rally triggered by dovish remarks from Federal Reserve Chair Jerome Powell, while the world’s second-largest cryptocurrency, Ether, traded near record highs.
Crypto analyst BitcoinHyper believes that Bitcoin may face a bearish trend after breaking key support levels. While a short-term rebound is possible, the overall outlook remains cautious. Traders are advised to manage risk amid unstable market conditions.
Major cryptocurrencies declined, pushing the total crypto market capitalization below $4 trillion, Bloomberg reports.
The US Producer Price Index (PPI) for July rose by 0.9% compared to the previous month — the largest monthly increase since May 2022. On an annual basis, the index grew by 3.3%, significantly exceeding Wall Street’s forecast of around 2.5%.
Bitcoin fell on Tuesday, erasing weekend gains, as risk appetite deteriorated ahead of key US inflation data, largely offsetting optimism over potentially more favorable regulation in the United States.
Bitcoin fell on Tuesday, sharply reversing its weekend gains, as risk appetite eased ahead of key U.S. inflation data — largely offsetting optimism about more favorable regulation in the country.
On Tuesday, crypto and stock markets saw a slight downward correction. Bitcoin (BTC) fell below $113,000 after U.S. President Donald Trump announced that new tariffs would be implemented next week. The crypto market dropped 1.82%, while S&P 500, Nasdaq, and Dow declined by 0.28%, 0.36%, and 0.03% respectively.
Bitcoin fell on Friday, ending the week lower, as crypto markets faced profit-taking amid rising concerns over U.S. trade tariffs and interest rates.
Bitcoin dropped below $116,000 on Friday under pressure from large fund transfers and growing caution ahead of the U.S. Federal Reserve’s meeting, which coincides with the release of a key crypto policy report on July 30.
Bitcoin fell below $118,000 on Thursday amid profit-taking and large-scale fund movements. Traders remain cautious ahead of the White House’s upcoming cryptocurrency policy report, expected later this month, and assess emerging regulatory frameworks.
As of 23:33 (20:33 GMT) on Wednesday, the cryptocurrency Cardano was trading at $0.8002, according to the Investing.com index, down 10.25% for the day. This marked the largest single-day drop in Cardano’s price since July 23.
Between July 14 and 18, Bitcoin inflows to exchanges surged by $17 billion — from $28 billion to $45 billion. A similar increase was observed during previous price peaks of the leading cryptocurrency. Back then, over several weeks, BTC worth $75 billion flowed into crypto exchanges, which eventually marked the start of a consolidation phase, CryptoQuant analysts recalled.
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