💥 BLOOD BATH ON 07/05/2025 – The Crypto market is on fire!
On the morning of July 5th, the market was drenched in red as BTC dropped 1.3% to 108,500 USD, dragging down altcoins like ETH, XRP, SOL by ~3%, and DOGE lost nearly 5%.
🔻 Main reasons:
2 "sleeping" whales for 14 years moved 20,000 BTC (~2 billion USD), causing slight market panic.
President Trump threatened to impose a 70% tax on many partners – trade tensions could cause macro instability.
🔥 Rare bright spots:
Some Alpha Futures coins surged strongly: BR +60%, H +38%, FUN +24%
📌 Other notable news:
SEC delays Grayscale's multi-asset ETF
SOL purchased nearly 18,000 coins (98 million USD)
Binance opens IDO BOOM on July 8th
Pantera & Ondo invested 250 million USD into real-world assets (RWA)
📊 June trading:
CEX: dropped to 1.07 trillion USD
DEX: reached a record 390 billion USD (DEX/CEX = 29%)
🔍 Today's advice:
Don't FOMO while the market is volatile – bottom fishing is not for the impatient
Carefully monitor BTC's 108,000 USD level – this is a critical support threshold
Prioritize holding cash, only invest when there are clear recovery signals
If day trading – keep a close eye on volume, leverage levels, and global political news