On the first day of August, Crypto sells a BOAD in the market, with a total market capitalization falling 6.6% to a $ 3.8 trillion amidst macroeconomic stress.
Summary
- The Crypto Market fell 6.6% on 1 August with $ 629m.
- The new American tariff and unwanted fed policy were drawn to risk hunger.
- Long -15 bitcoin wallets have been re -activated as short -trikum holders sold in a lass.
Bitcoin (BTC) fell 2.4% to $ 115,354, while Ethereum (Eth) declined 4.1% to $ 3,702. Solana (Sol), XRP (XRP), and Cardano (ADA) each was dropped to about 5%, leaving the altcoin sector lower. Crypto fear and greed index fell 6 points from a day earlier, now at 75.
Cryptocurrency holdings were renewed for a long time in the last day, according to 45% investment from the previous day in the previous day. Technical indicators also weakened. The average crypto market relative power index fell to 35.4, indicating the vanning speed in the token. Additionally, the overall open interest of the market declined by 3% to $ 193 billion.
Tej Retreat in Tariff, Fed Outlook Trigger BTC, ETH and Altcoin
Fresh macroeconomic protection. Markets are pricing in the long run, which has reduced exports to interest rate cuts due to US economic data. This change has led to a decline in living for cryptocurrency, such as cryptocurrency, such as cryptocurrency, as a result of this change.
The launch of the new American tariff that is effective on 1 August to add it is. These tariffs can disrupt global support chains, for industries bound by crypto mining and hardware manufacturing in eight. Other targeted other countries include Brazil, South Korea and South Africa.
The US Trade Office estimates that the New Tariffs Council makes a higher risk-average market in short-sector prices. Presidency Donald Trump, in a statement, confirmed the new punishment, which cover the billions in the annual trade flow.
Long -15 Wallets Move and Short -Term BTC holders sell a loss
Beyond Macro Outlook, on-chain activity added to the market discomfort. On 31 July, from April 2010, five bitcoin Minor wallets, untouched for 15 years, suddenly 250 BTC, about $ 30 million, two new addresses. These heritage wallets come back in the early days of bitcoin, when the fees people were involved in mining.
Although rare, these movements are often considered as a potential marker of market changes. They follow a month in which long-term holders have been very active, with billion-dollars wallet motors increase the concentration about the future possible sealing prescris.
At the same time, short -term bitcoin holders are showing symptoms of capitulation. Market analyst Darkfost said on July 30 that many recent buyers are now selling for losses. Based on exchange data, more than 50,000 BTCs were in red on 15 July, and more than 37,000 BTC we are still under water until 25 July.
Cryptoctive analyst Martun also referred to a change from long-rimm to short-rim huoliders in the supply of bitcoins. Over 223,000 BTC walking in short -term wallet
