Bitcoin Slides Down To $116K,

July 25, 2025


Bitcoin, early Friday slumped to $115,000 due to sustained sell pressures, which reflected investors’ weak sentiment on the largest crypto asset.

In the last seven days, the market price of digital asset declined by more than 3% with the latest round of sell-offs coming from retail investors who took early profit.

A few days ago, Bitcoin (BTCUSD), had hit an all-time high of $123,000 and the trend was shared by Ethereum, ETHUSD, Ripple, XRPUSD, Solana, SOLUSD and others.

Bitcoin had maintained a relatively tight range between $117,000 and $120,000 for the past week, ever since it was pushed south from its latest all-time high of over $123,000.

READ MORE; Bitcoin Dips Below $75k As Trump’s Tariff Takes Toll On Market

Data on Friday, showed Ethereum was trading in green up by 0.08% to $3,633. Investors are returning to take position. ETHUSD had surpassed $4000, riding a modest wave of optimism as the main character in the alt season. While Spot Ether ETFs recorded a net inflow of nearly $2.4 billion in the past six trading days, Bitcoin ETFs, recorded only $827 million during the same period, according to Farside Investors.

Ripple (XRP) reached a fresh peak of $3.65 last week, breaking above its 2018 high. The rally drew attention across the market, but prices have since pulled back to around $3.08, losing approximately 12% over seven days.

This retracement according to analyst Dom, cleared out nearly $1.3 billion in open interest, about 30% of the total. The move is being seen as a typical leverage reset after a sharp run-up

In the last 24 hours, price has been fluctuating in the crypto market, making hope for a strong rally dimmed.

Idris Buba
Idris Buba
Correspondent

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