#XRP
📉 Why have cryptocurrencies dropped? A quick and accurate analysis
The crypto market has seen a slight decline today (July 30, 2025), with selling dominating most major assets, while some currencies like XRP showed positive resistance.
Performance of major assets:
Bitcoin (BTC) fell from $118,161 to $117,547, under selling pressure at resistance levels.
Ethereum (ETH) declined from $3,817 to $3,757, but shows relative stability.
SOL, BNB, ADA, DOGE experienced losses between 2% and 5%, coinciding with the market downturn.
XRP rose from $3.04 to $3.09, supported by technical activity.
Reasons for the drop:
- Anticipation of U.S. interest rate decisions and investor caution.
- Profit-taking after the previous rise.
- Fluctuations in trading volume, especially during Asian sessions.
Is there a chance for a rebound?
Yes, if Bitcoin maintains the $116,500 level, it is likely that we will see a rebound towards $120,000. Breaking this level could extend the correction.
Ethereum and XRP show positive signals, and they may be among the leading assets in the upcoming upward wave.
