This crypto market update experienced significant volatility on July 26, 2025, with a notable downturn affecting major assets like Bitcoin and several altcoins.
Crypto market update in the last 24 hours
The crypto market update reflects a mix of caution and opportunity, as corrections often precede recoveries.
- Bitcoin’s Sharp Decline and Liquidations
- Bitcoin tumbled below $118,000, down from recent peaks, leading to over $600 million in long positions being liquidated across exchanges.
- This bloodbath affected 213,729 traders, with total liquidations reaching $731.9 million.
- Analysts attribute the drop to market corrections post-rally, though institutional inflows remain strong, with public companies netting $953.46 million in Bitcoin over the week.
- Altcoin Movements and Rebounds
- XRP demonstrated resilience, rebounding 10% amid 2.59 million on-chain transactions, pushing its price above $3 temporarily before a minor dip.
- Solana (SOL) and Dogecoin (DOGE) fell amid the crash, but tokens such as Hedera (HBAR) gained traction following its Robinhood listing, with predictions of reaching $1.
- SUI’s market cap dropped 2%, yet new DeFi projects are eyed as potential flips.
- Ethereum traded around $3,654 to $3,704, up modestly by 0.18% to 2.16%.
- Institutional Shifts and Warnings
- Robert Kiyosaki warned that Bitcoin ETFs are mere “paper assets,” contrasting with Bitcoin’s 1.24% 24-hour rise and 24.25% 90-day growth.
- A major move saw BlackRock’s head of crypto, Joseph Chalom, depart to co-lead SBET, an Ethereum treasury firm, in a $12.5 million deal, signaling a growing focus on ETH ecosystems.
- Additionally, companies like Volcon invested heavily in Bitcoin amid market peaks.
- Other Notable Developments
- Presales like Bitcoin Hyper reached $4.5 million despite the dip, positioning it as a potential best buy.
- Ethereum saw a major transfer to a new wallet, while discussions on platforms like Reddit buzzed about daily crypto trends.
- Ripple-related news and Pudgy Penguins updates rounded out the week’s overlooked stories.
Meme Coin Highlights
- $coin (meme): What ties all meme coins together? You guessed it, meme $coin.
- $LAND (the greatest investment): land + coin + NFT = the greatest investment on earth
- $Bonkyo (Bonkyo): A culture coin and PFP made on Bonk
- $AI (Artificial Inu): The dog is artificially intelligent.
- $FONK (FONK): Its name is a combination of “Fartcoin” and “Bonk,” carrying a playful nod to Solana Meme culture.
- $GREEN (GREEN): PAINT IT $GREEN #GREENARMY
- $Ani (Ani Grok Companion): This Solana meme coin keeps surging strongly today.
- $VINA: VINA – AI Grok Companion pumps then drops over 35%
- $LLM (Large Language Meowdel): Large Language Meowdel from the OG Artificial Inu dev.
- $USELESS (USELESS COIN): Do nothing. Get Everything. Useless coin surges 25% in the past 24 hours.
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