Analysis Crypto by Thebittimes.Com

The cryptocurrency market is facing a steep correction today, Aug. 1, 2025. Bitcoin (BTC) has fallen below the $115,000 level. Dogecoin (DOGE) and Cardano (ADA) are also following the dip, falling 8% in the last 24 hours. According to CoinGecko’s Dogecoin data, DOGE’s price has fallen 8.3% in the daily charts and 9.4% in the weekly charts. ADA, on the other hand, is down 8% in the daily charts and 8.6% over the previous week. Source: CoinGecko Are We In A Bear Market As Dogecoin And Cardano Dip? Source: Watcher.Guru According to CoinGlass liquidation data, the cryptocurrency market has faced $756.86 million worth of liquidations in the last 24 hours. The market saw an upswing after the SEC announced its “Project Crypto” initiative to make the US a global crypto superpower. However, the rally was short-lived. The bullish news was followed by market-wide sell-offs. DOGE, ADA, and the larger crypto market faced massive pullbacks over the last 24 hours. The dip could...

The US Dollar’s collapse warning from Bank of America comes as the dollar actually suffers a dramatic 9% year-to-date decline, which is triggering concerns about currency stability right now. The Bank of America prediction highlights growing global trade uncertainty and also mounting investor anxiety over trade policy impacts. This US Dollar collapse warning reflects broader concerns about de-dollarization trends and potential global financial instability that are being felt across markets. USD/JPY chart showing recent dollar decline – Source: TradingView De-Dollarization Trend Sparks Global Financial Instability Fears Source: Watcher.Guru The de-dollarization trend has actually accelerated as Bank of America reported neutral dollar flows amid global trade uncertainty. This shift represents a significant change from the dollar’s traditional safe-haven status, with real money investors showing mixed sentiment toward the greenback at the time of writing. Bank of America ...

According to Australian Finance company Finder, Bitcoin (BTC) will reach $21,344 by the end of this year, lower than its July prediction of $25,473. The end-of-the-year prediction is also lower than the firm’s January survey, which put BTC at $76,360, at the end of 2022. The firm’s April survey put BTC at $65,185 at the end of the year. The panel has changed its stance given the bearish outlook that the market has taken through the course of the year. The firm conducted two surveys with its top experts to determine the future expected price of the original cryptocurrency. The panel expected Bitcoin to hit $79,193 by 2025, and around $270,000 by the end of the decade. Source: Finder The panel predicted that in 2022, BTC could reach a high of $24,013. But it also suggests that at some point this year, prices may fall to $15,283. What’s changed in Bitcoin’s price prediction since January? The firm’s January survey estimated that Bitcoin would reach...