Crypto Market Hit by $500M Liquidations as Bitcoin and Ethereum Lose July Gains
August 2, 2025 · 3:13 PM
The crypto market experienced a significant downturn, resulting in over $500 million in liquidations as Bitcoin and Ethereum prices fell sharply. After strong performance in July, both cryptocurrencies have lost momentum and are now trading at new monthly lows, leading to increased sell-offs.
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