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25 Jul 2025

Cryptocurrencies decline, Bitcoin falls by more than 3%

Cryptocurrencies fell during Friday trading amid anticipation of the US trade negotiations with its trading partners.

Bitcoin fell 3.31% to $115,083 as of 10:08 a.m. Mecca time, according to Coinbase data.

Ripple fell 5.16% to $3,064, Ethereum fell 3.15% to $3,620.6, and Dogecoin fell 5.85% to $22.62.

This comes amid uncertainty over US monetary policy and pressure from the administration on Federal Reserve Chairman Powell to cut interest rates, which is negatively impacting risk appetite.

Cryptocurrencies rose sharply last week, boosted by US President Trump's signing of the first stablecoin regulatory law

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