🚨 Crypto Market Dips as Bitcoin Falls Below $115K | August 1, 2025
The global crypto market faced a 7% drop today amid renewed macroeconomic pressures.
Bitcoin (BTC) slid below $115,200,
Ethereum (ETH) is hovering near $3,700,
Solana (SOL) and Dogecoin (DOGE) fell 4‑8%.
Key reasons for the market decline:
1️⃣ U.S. Tariff Announcements triggered risk‑off sentiment.
2️⃣ Dollar Index (DXY) crossed 100, pressuring crypto assets.
3️⃣ $7B in BTC & ETH Options Expired, increasing short‑term volatility.
Meanwhile, the SEC launched Project Crypto to modernize digital asset market rules, and Cardone Capital purchased 1,000 BTC, showing ongoing institutional interest despite the dip.
Support Levels to Watch:
Short‑term volatility is expected, but long‑term accumulation continues among major players.
