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

The encryption market actually works well today. Bitcoin is closer to its highest level ever than $ 100,000, while ETHEREUM is hovering over $ 4.5,000. Some ask, “Why is Crypto broken today?”

Although there were some turmoil, such as the hottest US PPI data from the United States by 3.3 % on an annual basis, which led to fears of discounts in the prices of the FBI, the total maximum Crypto market is still more than $ 4 trillion.

Bitcoin decreased by more than 3 % to about $ 119,000, while more than $ 860 million was filtered in long positions within 24 hours. However, some altcoins showed flexibility, indicating that the bull’s running has not yet ended.

Why is Crypto broken today? It is actually good today, BTC is closer to ATH than $ 100,000, ETH hovering over $ 4.5,000.

((source))

Why is Crypto broken today? No, encryption is a healthy correction

The features of MEME decreased by 8 %, which is a significant correction, but the capital was rotated to flexible alternatives as bitcoin dominance is still less than 60 %. XRP decreased by 6 % to $ 3.1, which is a healthy decline after running to $ 3.66. Moreover, the trading volume also jumped more than 200 %, indicating that interest in Ripple is still.

XLM, on the other hand, rose to $ 0.45, a decrease of 5 % per week last week after earning 16 % last week. XLM and XRP suffer from health corrections.

Xrp
price
The maximum market
Xrp
$ 184.95B
24h7D30D1yAll the time

Discover: Crypto 1000X Next: 10+ encrypted codes that can reach 1000x in 2025

However, not every currency suffers from a decline. ETHEREUM was pumped by 2.5 % this week to $ 4,600, equipped with $ 5.5 billion in ETF flows in July. In addition to the purchase pressure, there have been large institutional purchases that exceed two million ETH since June. With some he says Ethereum is the new bitcoin.

Solana increased nearly 5 % to $ 200, which happened during the absorption of the pump most of the Sol liquidity. ETF speculation, regardless of the Degen Paradise, is it aimed at the highest new level ever with the goal of $ 300.

Cardano collided with 10 % this week to a sign of more than one dollar, although it is also corrected. ADA has seen 110 % urged in the size of derivatives, now targeting $ 1.15.

All of this shows the emerging altcoin season, where Ethereum buys the institutional, Solana as a Degen home, and the catwano momentum from Bitcoin.

The following CPI data is likely to have a recovery. Dip is a short -term micro pressure.

So, why are Crypto broken today? Well, today an anti -leap.

Discover: 9+ best high -risk encryption, highly bonus for purchase in 2025

JOIN The 99bitcoins News Discord here to get the latest market updates

3 hours ago

Will Mantle win the Ethereum L-2 war?

Akayama Felix

by Akayama Felix

The scarf prices were pumped madly by 55 % last month, climbing from 70 years of low top from $ 1. MNT, Mantle, is interesting because it fills resistance at $ 1.1 and has more than 200 % in the past days.

It was not expected to see the scarf pumps, but its standard promotions 2.0 and rumors of the treasury concentration were nourishing the current gathering. Will Mantle 2.0 Tech wins Ethereum war Layer 2?

The scarf price was mad at 55 % last month, climbing from 70 cents low to the top of $ 1. but...

((source))

Read the full story here.

Discover: Crypto 1000X Next: 10+ encrypted codes that can reach 1000x in 2025

5 hours ago

SEI excels a base in encryption transactions!

Akayama Felix

by Akayama Felix

Project Project Sei leaves Coinbase in dust, faster speed, greater adoption gains, and stablecoin flows. Now he is facing a greater challenge so far: Will the resistance wall of $ 0.4 will break.

With the support of standard transactions, original USDC growth, Dex Lights, an indisputable SEI momentum. Traders closely monitor as the scheme has thwarted bullish patterns and the basics of the network indicate a possible explosive step.

Read the full story here.

Pamphlet [LIVE] Why is Crypto broken today? XRP and XLM, ETH, Sol, Ada Skyrocking for the first time on 99bitcoins.

Leave a Comment