#binance #hype #zec #near
31/07/25 23:35 UTC-04

Bitcoin Price Today: Falls to $115.5K Amid Tariff Fears

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.

Attention is now focused on upcoming nonfarm payrolls data for further signals on the state of the U.S. economy.

Bitcoin dropped 2.5% to $115,540.9 by 08:45 Moscow time. The world’s largest cryptocurrency is on track to lose about 2% this week, struggling to gain traction after hitting record highs in mid-July.

A major BTC purchase by top corporate holder Strategy had little impact in boosting prices this week.

Bitcoin Declines as Tariff Uncertainty Hurts Risk Appetite

Friday’s decline came after President Donald Trump signed an executive order on Thursday that imposed new tariffs on several U.S. trade partners. The tariffs will come into effect in seven days, slightly later than the original August 1 deadline.

Markets are still awaiting clarity on the exact implementation, especially since Washington has signed last-minute trade deals with key global economies.

These tariff plans were cited as a key source of uncertainty for the Federal Reserve, which earlier this week signaled that it would keep rates unchanged until the inflationary effects of the tariffs are clearer.

Fed commentary also hurt risk appetite, which pressured crypto markets.

Although trade tariffs don’t directly affect cryptocurrencies, they influence overall market sentiment, especially for speculative assets like Bitcoin.

Meanwhile, higher-for-longer interest rates pose direct pressure on Bitcoin, as they diminish the appeal of high-risk, speculative investments.

Crypto Prices Today: Altcoins Drop Ahead of Key Jobs Data

The broader crypto market also fell on Friday, set for steep weekly losses amid profit-taking and weakening risk sentiment.

Anticipation of nonfarm payrolls data added pressure, as a strong jobs report could reduce chances of rate cuts from the Fed in the near future.

  • Ether (ETH) dropped 4.4% to $3,688.0, down 1.3% on the week.

  • XRP fell 4.8% to $2.9914, losing 5.8% weekly.

  • Solana and Cardano both declined by around 6% and were down 7–11% for the week.

  • Among memecoins, Dogecoin dropped 6.6%, while $TRUMP fell 5.8%, totaling a 12.4% weekly loss.

See also: "Ethereum ETFs Attracted More Capital in July Than in All Previous Months Combined"

#Bitcoin (BTC) #XRP (XRP) #Dogecoin (DOGE) #Price drop

Editor: Godfrid Brower
Comments

Similar

08/06/26 14:11 UTC-04

ChatGPT, Grok and Claude Predict Where Bitcoin, Ethereum, XRP and Solana Could Be by December 31

2026 has been a difficult period for the cryptocurrency market: since the start of the year, each of the five largest crypto assets by market capitalisation has posted double-digit losses. Among this group, Solana ($SOL) has suffered the most, losing more than 47% of its value since January 1. To understand where the market may head next, we asked several leading modern artificial intelligence (AI) models to forecast the year-end prices of $BTC, $ETH, $BNB, $XRP and $SOL. Their answers were, to put it mildly, intriguing.

07/06/26 15:46 UTC-04

Here’s Why Bitcoin’s 50% Drop Looks Minor Compared With What Some Altcoin Holders Have Endured

This week, Bitcoin fell to its lowest level of 2026, dropping to $59,100 per coin, and its price now sits just over 50% below the all-time high of more than $126,000 reached by the leading crypto asset. Meanwhile, a significant part of the altcoin market has suffered much sharper declines, with many well-known digital assets posting losses of more than 95% from their peak valuations.

06/06/26 05:41 UTC-04

Bitcoin Rebounds Above $61,000 After $1.6 Billion Sell-Off

Bitcoin rebounded above $61,000 on Saturday after briefly falling below the key $60,000 level, as traders assessed the fallout from a broad market sell-off triggered by stronger-than-expected US employment data.

06/06/26 03:55 UTC-04

Bitcoin Drop Below $60,000 Triggers $1.8 Billion in Liquidations in 24 Hours

During the night of 5–6 June 2026, Bitcoin briefly fell below the $60,000 mark, triggering large-scale liquidations in the derivatives market. According to CoinGlass, positions held by 349,549 traders worth a total of $1.81 billion were forcibly closed over the past 24 hours. The event became one of the largest liquidation cascades of the year and returned Bitcoin to levels last seen in October 2024.