Binance News Update | July 25, 2025
Bitcoin (BTC)
$BTC slid below key support levels early Friday, dropping over 2.5% to $115,170, as macroeconomic uncertainty and a stalling U.S. stock rally pressured risk assets. This marked BTCās lowest level since July 10, triggering renewed fears of a broader market pullback.
The move breaks BTCās recent consolidation range of $116,000ā$120,000, which had held firm for nearly two weeks. Traders are now eyeing the May high of $111,956 as a potential short-term support, which previously served as resistance.
Altcoins Follow BTC's Slide
The broader crypto market mirrored Bitcoinās weakness. Leading altcoins including Ether (ETH)
$ETH and Solana (SOL) shed 2% to 3%, while XRP
$XRP also dipped, reflecting thin momentum across the board.
ETH dropped to $3,290
SOL slipped to $179.20
XRP retreated to $3.09
The CoinDesk 80 Index, which tracks a basket of major digital assets, fell 2.6% to 898, highlighting the synchronized sell-off.
Dow Jones Hits Stiff Resistance
Meanwhile, the Dow Jones Industrial Average (DJIA) declined 0.70% overnight, stalling near the 45,000 resistance zoneāthe same level that capped gains in December and January. The lack of bullish follow-through in equities is being watched closely by crypto traders, who often rely on Wall Street sentiment for direction.
A sustained pullback in equities could further dent confidence in crypto markets, especially as correlation between Bitcoin and tech stocks has remained historically high this quarter.
Technical Breakdown Raises Red Flags
Analysts point to the breakdown of the range and rising bearish divergence in BTC's momentum indicators as warning signs. The RSI and MACD both flashed caution signals earlier in the week.
āBitcoinās rejection at $120K and break below $116K opens the door for a retest of $112K, and potentially lower,ā noted a Binance market analyst. āWeāre seeing a clear loss of bullish momentum, with short-term leverage unwinding fast.ā
What's Next for Crypto Traders?
With macro conditions uncertain and no immediate bullish catalysts on the horizon, traders are adopting a more cautious tone. The upcoming U.S. PCE inflation data and Fed commentary will be critical in shaping the next move.
Some traders on Binance have already positioned for downside risk, increasing hedge ratios via BTC options and shifting funds into stablecoins or staking protocols to preserve capital.
Bottom Line
The breakdown of Bitcoinās support at $116K signals caution for traders navigating a shaky macro backdrop. With altcoins under pressure, and equities losing steam, risk sentiment across the board is fragile.
Keep an eye on key levels:
šø BTC: $111,950 (support)
šø ETH: $3,200 (support)
šø DOW: 45,000 (resistance)
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