XRP News Today: Crypto Market Drops 4% in July 2025 as Bitcoin Falls 0.3%

The cryptocurrency market experienced a significant downturn in July 2025, with key assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP facing notable declines. Bitcoin, the leading cryptocurrency, saw a 0.3% decrease over the past 24 hours, settling at $109,029. Despite this daily loss, Bitcoin maintained a weekly increase of 1.5%. Ethereum, the second-largest cryptocurrency by market capitalization, slumped by 0.9% to $2,568. This downward trend was mirrored by other major cryptocurrencies, with XRP falling over 4% and SOL sliding 3% to test the $140 support level. The persistent drop in Bitcoin's value to $107,505 underscored growing apprehensions in the crypto market, influenced by various factors including market sentiment and macroeconomic indicators.

The decline in cryptocurrency prices was not uniform across all assets. While Bitcoin and Ethereum experienced modest drops, other cryptocurrencies like XRP and SOL faced more significant declines. XRP, for instance, fell to a low of $2.2098, while SOL dropped to $145.00. This widespread decline highlighted the high correlation across crypto assets, as movements in one asset often influenced the performance of others. The selloff in the crypto market was further exacerbated by a waiting game among investors, with the total crypto trading volume falling below $100 billion. This indicated a cautious approach from investors, who were likely awaiting clearer market signals before making significant moves.

Ethereum is facing a temporary stagnation in user growth, despite notable revenue increases, with market confidence remaining shaky as prices struggled to exceed $3,000. Solana's DeFi activities are grappling with reductions in DEX volume and app revenue, reflecting broader economic caution. Strategic positioning remains essential as macro factors impact market trends, yet development within projects remains robust. Recent selloffs echo historical precedents set in macro-driven downturns, seeing routine declines in major cryptocurrencies with knock-on effects in DeFi tokens. Crypto enthusiasts advocate for strategic long-term positions amidst evolving market sentiment, leveraging technology and innovation.

Market actors express confidence in the long-term resilience of digital currencies, despite the current price volatility. Following macroeconomic pressures, Bitcoin witnessed a decline in price, influenced by reduced trading volumes and fearful retail sentiment. Industry experts emphasize long-term stability, urging investors to focus on the technology's growth prospects. "Volatility is the price you pay for crypto outperformance. If you can’t handle $10-20k moves, this ain’t for you." - Arthur Hayes, Co-founder, BitMEX.

The number of Bitcoin addresses holding over $1 million surged by 26,758 in the first half of 2025, reaching a total of 182,327 by June 30. This growth was primarily driven by a robust rebound in the second quarter, where the number of millionaire wallets increased by 21,589. This surge in Bitcoin millionaires reflected renewed institutional interest and strategic accumulation during market dips. The April 2025 halving event, which reduced block rewards from 6.25 to 3.125 BTC, further fueled bullish sentiment, propelling Bitcoin's price to a high of $111,970 on May 22. This price surge contributed to the creation of new millionaires, as investors capitalized on the appreciating asset.

In contrast to the rise in Bitcoin millionaires, President Donald Trump's personal cryptocurrency portfolio experienced a significant downturn in the first half of 2025. Starting the year with a valuation of approximately $10.16 million, the portfolio's value plummeted by 78.35% to just $2.20 million by June 30. The majority of this decline occurred in the first quarter, with the portfolio hitting a low of $1.96 million by the end of March. Despite a modest recovery of around $240,000 in the second quarter, the portfolio's performance highlighted the volatility and risks associated with speculative crypto investments. Trump's holdings included assets like the meme token TROG, USDC, MAGA (TRUMP), and MATIC, with the largest holding being TROG, valued at over $800,000.

The contrasting trajectories of Bitcoin millionaires and Trump's crypto portfolio reflect the broader dynamics of the cryptocurrency market in 2025. While institutional strategies and structured investments have led to the creation of new digital elites, speculative ventures have faced significant challenges. The rise in Bitcoin millionaires signifies a maturation of the market, with investors increasingly favoring assets with established value propositions. As the crypto landscape continues to evolve, these developments highlight the importance of strategic investment approaches and the risks associated with speculative assets. The first half of 2025 serves as a reminder of the volatility inherent in the digital asset space and the need for informed decision-making.