📉 Crypto Market Cools Off After Recent Rally – July 29, 2025
After a strong upward streak, the crypto market is seeing a minor correction today. Bitcoin (BTC) has dropped slightly to around $118,800, while Ethereum (ETH) is trading just under $3,870, both down by about 0.3% in the last 24 hours.
This dip follows a week of high gains fueled by global economic optimism and institutional interest. Analysts believe this pullback is a healthy consolidation, not a full reversal.
Altcoins like XRP and Solana (SOL) are also cooling off, with reduced volumes and cautious trader sentiment.
While short-term momentum has slowed, long-term projections remain bullish—especially if support levels hold.
📊 Today’s Trend: Slightly Bearish
🛑 Caution: Volatility & fake breakout traps
🔍 What’s Next: Watch BTC at $117K & ETH at $3.7K for strong support