#BTC120kVs125kToday #USCryptoWeek $BTC
*Today's Crypto News Highlights*
Here are some of the latest developments in the crypto world for July 16, 2025:
- *Crypto Market Decline*: The crypto market fell sharply today due to rising U.S. inflation data and profit-taking by investors. Bitcoin dropped to $116,000, and Ethereum fell below $3,000.
- *BigONE Exchange Security Breach*: BigOne Exchange suffered a major security breach, resulting in a $27 million crypto security breach.
- *Bitcoin Price*: Bitcoin is currently trading near $118,000 after a recent surge. Analysts suggest "buy-the-dip" strategies, anticipating consolidation above $117,000 and a potential rise to $125,000–$127,000.
- *Ethereum's Market Cap*: Ethereum's market capitalization has surged to $375.5 billion, surpassing Johnson & Johnson.