August 4, 2025 – Crypto Market Update
XRP #Xrp🔥🔥 stole the spotlight today with a solid 5% surge, outpacing the broader crypto market, while Bitcoin held steady around $114,500 after a weekend selloff.
The market dip, triggered by nearly $1 billion in Bitcoin ETF #ETFs outflows and fresh U.S. tariffs under President Trump, spooked investors. The Fed's reluctance to cut interest rates added fuel to the cautious mood. Ether also faced pressure, losing its month-long inflow streak with $152 million in outflows on Friday.
Despite the shakeout, buyers are already stepping back in.
> “Concerns over tariffs and rates caused the drop, but opportunistic buyers are emerging,” said Jeff Mei, COO at BTSE.
XRP and Dogecoin #Doge🚀🚀🚀 (DOGE) led the rebound, with ADA #ADA , BNB $BNB , and SOL $SOL climbing over 3%. Analysts suggest institutional liquidity is cushioning the fall, unlike previous cycles.
> “This could’ve been much messier before ETFs. Q4 will be key as macro pressures build,” noted Augustine Fan from SignalPlus.
Still, Bitcoin remains under the crucial $118K breakout level, and Ether #Ethereum must stay above $3,500 to avoid triggering further selling.
On the macro front, U.S. equities showed strength post-weak jobs data, hinting at a potential Fed policy pivot. Oil slipped, and the dollar softened slightly — giving crypto some breathing room.
