🚨“Ethereum Tanks, Bitcoin Accumulates, Solana Shines! What’s Going On in the Crypto Space Today?”🚨
📅 Crypto Recap – August 1, 2025
Buckle up for a rollercoaster of data, technical signals, and institutional moves shaking up the market. Here's the breakdown:
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🔥 Ethereum: Correction or Something Bigger?
- 💸 Trading at $3,512, down -5.97% in 24h.
- 💥 Over $570M liquidated after breaking the $3,700 support.
- 📉 MACD divergence and selling pressure confirm a bearish trend.
- 📊 Trading volume surged 46%, hitting $45B.
- 🧠 Merge 2.0 wasn’t enough? Ethereum struggles to stay relevant against Bitcoin.
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🟡 Bitcoin: The Giants Are Accumulating
- 💰 Current price: $116,111.
- 🧊 Bullish structure intact, but mixed signals ahead.
- 🐋 Holders now control 68% of total supply.
- 📈 Are we heading for a rally or a strategic pause? August will be decisive.
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🌞 Solana & Altcoins: The New Safe Haven?
- 🚀 Solana (SOL): $172.22, up 4.46%.
- 🧠 Cardano (ADA): $0.74, +4.85%.
- 🧨 BNB: $786.37, +1.5%.
- 📊 Total market cap: $3.72T, with $141B in volume.
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🧠 Bonus: What’s Up with IOTA?
- 🔗 Trading at $0.20, with Tangle architecture and zero fees.
- 📡 Built for the Internet of Things, but still fighting for traction.
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🧭 Final Take:
The market is in “natural selection” mode. Ethereum faces technical and macro pressure, while Bitcoin becomes the asset of choice for whales. Solana and altcoins are gaining ground as agile alternatives. Are you ready to ride this wave?
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💬 Which crypto do you think will dominate August?
📌 Drop your thoughts, share the post, and stay sharp on Binance Square!
