Why is Crypto Market Going Down Today? XRP Price Dips 7%, BTC and ETH Follow
August 3, 2025 · 5:08 AM
The crypto market experienced a decline in the last 24 hours, with the total market cap decreasing by 1.23% to $3.66 trillion. Bitcoin fell below $114,000, trading around $113,715, while Ethereum and other major altcoins also saw price drops. This downturn follows a period where many cryptocurrencies and traditional markets, including the S&P 500 and Nasdaq, were in overbought conditions.
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