- Major cryptocurrencies witness significant price declines in July 2025.
- Lack of leadership reactions during market volatility.
- Price drop linked to geopolitical tensions and market pressure.
Lede: Bitcoin, Ethereum, Dogecoin, and Shiba Inu have experienced significant price drops amid renewed geopolitical tensions affecting crypto markets this July.
Nut Graph: The event signals continuing vulnerability in cryptocurrency markets, highlighting the impact of geopolitical pressures on investor sentiment.
Bitcoin, Ethereum, Dogecoin, and Shiba Inu faced steep price declines in early July. Geopolitical tensions and market-driven factors are primarily responsible, with no major protocol updates reported for these cryptocurrencies.
The absence of public statements from key figures like Vitalik Buterin and Billy Markus marks a cautious approach. Meanwhile, the Shiba Inu team has advised caution, focusing on technical resistance levels. “The prolonged compression below the 26 EMA suggests that selling pressure is diminishing and momentum is building, which could lead to a sudden and dramatic price movement in either direction once the pattern is resolved.” — SHIB Team, Official Market Update, Shiba Inu.
Intense selling pressures led to over $562 million in Bitcoin liquidations. This forced selling resulted in ripple effects across the entire crypto market, pushing prices downward.
Meme coins, such as Dogecoin and Shiba Inu, faced declines of over 13% and 12%, respectively. Meanwhile, Bitcoin prices dropped sharply to around $108,000, impacting overall crypto market valuation.
This decline mirrors past instances of panic sell-offs due to macro factors. Historical data shows similar responses during geopolitical or regulatory uncertainties affecting cryptocurrencies.
Past downturns like the March 2020 COVID crash and May 2021 China mining ban impacted asset types similarly. Observers note potential aftershocks in DeFi and meme coins if the current trend continues.
