These have been some difficult days for the Cryptocurrency market, including its leaders. Since Thursday, the biggest digital property by the market cap has been in a closed mod after the first weeks of consolidation.
No, Bitcoin fell below the southern border of its trading range and fell to $ 119,000 from 10 July to $ 119,000 on Friday evening.
There are some possible reasons here.
Gross reason
Overall BTC ($ 113,568.00) improvement began on Wednesday evening this week, for the reduction in rate by the US Federal Reserve for a decrease in the rate of Trump and staring at them after unchanging. Although the decision was internally expected, even after the positive American GDP report for Q2, which went out of the day, the BTC Prime was first submerged by the Grand.
The property managed to fix some damage by Thursday, but the Fed was refused to be named by his name to be the first possible reason behind the overall drop of BTC.
Potus’s tariff is second in line, as many of them begin on August 1 (Friday). Additionally, Trump made changes in some of the final-minute, including new countries in the list and increased tariffs against some Canadian goods.
The 47th US President ordered two nuclear submarines in “The Specification Areas” around strategic Russian places and made the news once again on Friday evening. It came as a reaction to a speech by a former Russian President Dimitri Medvedev, which was about the increasing risks of war among the nuclear-satell opponents.
Although it concludes our list of three potential macro reasons behind the improvement of BTC, some bonuses here could have a small impact. First, India said that it will continue to buy oil from Russia despite Trump’s hazards. Second, Potus claimed that the adverse job number announced on Friday was “rigged” by a biden app.
Breaking: President Trump says that today’s number of jobs was rigged to look poor and Republican. pic.twitter.com/lmlzvniueq
– @Kobeissiletter 1 August, 2025
Seller
The second part of our list includes two main-inoff causes, which can be provided with Afghan global events and ambiguity. First, reports were revealed on Dungar on Friday
Their behavior was largely copied by investors using spot bitcoin ETFs to obtain some BTC exposure. The ETFS on Thursday broke the five -day positive streak, when according to Persian data, $ 114.8 million left the funds. The scenario deteriorated on Friday as investors earned $ 812.3 million in the worst day on 25 February.
Posted from tariff to ETF: 5 catalysts appeared for the first time on the Bitcoin’s Big Drop on Cryptopotato.
