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05 Aug 2025

Cryptocurrencies decline as risk appetite declines

Cryptocurrencies declined during Tuesday's trading, as risk appetite declined amid renewed trade tensions between the United States and several of its partners after President Donald Trump announced a new round of tariffs.

Bitcoin fell 0.4% to $114,337.45, accounting for approximately 61.2% of the total cryptocurrency market value.

Ethereum, the second-largest cryptocurrency by market capitalization, fell 0.95% to $3,639.3, while Ripple fell 0.35% to trade at $3.0403.

The global market capitalization of cryptocurrencies is $3.73 trillion, with total trading volume over the past 24 hours reaching $141.53 billion, according to CoinMarketCap data.

Strategy purchased approximately 21,021 units of Bitcoin during the week ending August 3, for a total value of $2.46 billion, bringing its total holdings of the largest cryptocurrency by market capitalization to 628,791 units

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