Crypto Market Cap Falls 4.3%—What’s Driving the Dip?

Crypto Market Cap Nears $4T Amid Volatility—What’s Next?

The Global Cryptocurrency market capitalization is at $3.92 trillion, down 4.3% in the last 24 hours. Investors are paying careful attention to cryptocurrency news and the Crypto market, as daily trading volume approaches $152 billion. Bitcoin has a domination of 59.7%, followed by Ethereum at 11.7%.

Major Crypto Market Events To Watch:

Crypto Market Fear and Greed Index:

Major Coins to watch in Crypto Market Today

• At $118,077 USD today, the price of bitcoin has increased by 0.29% over the last day. In July 2025, Bitcoin surged 10.14% overall.

• Corporate treasury usage and ETF inflows for Ethereum soar, highlighting the network's thriving activity and rising institutional interest. This month, Ethereum has risen 54.53%. The month saw a significant level of institutional interest and whale accumulation. The price of Ethereum is $3843.74 today, and is up by 2.1% in 24 hrs.

• XRP is now trading at $3.12 USD, increased by 0.36% over the past day. XRP has seen a massive surge of 39.2% in July 2025.

• Today, the price of popular cryptocurrencies like Dogecoin (DOGE), Binance (BNB), and Solana ($SOL) is slightly down.

• Litecoin is trending today with an increase of 3.09% and current price is $111.19.

• Pudgy Penguins is trading at $0.03558 with a downfall of 5.76% in 24 hrs.

• QuarkChain's price has increased by 33.17% in the past 24 hours, currently trading at $0.009625 USD with a 24-hour trading volume of $327,882,505 USD.Bullish momentum surrounding its Ethereum Layer-2 migration efforts and strategic ecosystem integration is reflected in the rise.

• TRON price is currently $0.327255 USD, down by 3.03% in 24 hours due to profit-taking,  shrinking trading volume, and broader crypto market corrections.

• Today, Sonic's price surged, driven by airdrops and technical rebound signals, trading at $0.326011 USD with a 24-hour trading volume of $136,031,597 USD, indicating a 7.07% increase in the last 24 hours.

Major Worldwide Crypto Market News Update:

• Hyperliquid experienced another system issue early today, with users reporting “Unexpected error sending order” messages. The team said the problem was due to API congestion, not an outage, and orders are still being processed with delays.

• Coinbase and JPMorgan Chase have agreed to start connecting clients' cryptocurrency wallets to their bank accounts directly next year. Furthermore, the two companies intend to provide new services this autumn that will allow customers to finance their Coinbase accounts using Chase credit cards and convert Chase rewards points into digital assets.

• Robinhood's Q2 revenue was $989 million, a 45% increase from the previous year, exceeding the $921.5 million estimate, while net income reached $386 million, and crypto-related revenue rose 98% to $160 million.

• The White House proposes requiring U.S. taxpayers to report foreign digital accounts, including a new Crypto Asset Reporting Framework (CARF), to curb capital flight and strengthen domestic exchanges.

• President Trump's digital asset working group has called for clarification of rules on crypto trading, custody, and registration, and the CFTC's authority over non-security spot markets, with the White House reportedly releasing more details on the Strategic Bitcoin Reserve.

• Coinbase has announced trading for ResearchCoin (RSC) on the Base network, starting in phases on or after 9 AM PT on July 31, 2025, subject to liquidity conditions, created by the ResearchHub Foundation.

• India was hit with one of the highest tariff rates in Asia on its exports to the United States, putting the country's struggling stock market at danger of more losses. Trump’s 25% tariff on Indian exports from August 1 is expected to hurt a spate of sectors from makers of electronics and generic drugs to jewelry and auto component firms

• 21Shares files an S-1 amendment for its Solana ETF. The amendment aims to address regulatory requirements and advance the approval process for the proposed exchange-traded fund

The crypto market has seen mixed signals, with the global  cryptomarket cap dropping 4.3% to $3.92 trillion. Bitcoin and Ethereum remain dominant, with Ethereum gaining institutional momentum. Altcoins like QuarkChain and Sonic have seen double-digit gains, while TRON and Pudgy Penguins have seen declines. Despite short-term volatility, investor confidence remains strong due to ETF inflows and rising blockchain utility.

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments are for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.