#WhiteHouseDigitalAssetReport
Today's crypto market crash (August 1, 2025) saw Bitcoin drop over 3% to below $116,000, with nearly $630 million in liquidations, mainly long positions. Major altcoins (Ethereum, Solana, XRP, Dogecoin, Cardano) fell 5–10%. The main causes were the Fed keeping rates steady with no hint of cuts, seasonal weakness for August, Donald Trump's proposed tariffs sparking global jitters, and tightening U.S. regulation. Technical indicators showed Bitcoin failing key resistance and nearing sensitive support levels. Investor confidence is low but some institutional buyers are still active.