Ethereum, Bitcoin, and XRP Face Major Losses Amid Rising Crypto Liquidations
Friday, 1 August 2025, 14:14
Market Overview of Ethereum, Bitcoin, and XRP
Ethereum, Bitcoin, and XRP are facing steep declines as investors react to various economic factors, including the US jobs report and Trump tariffs. As these assets tumble, crypto liquidations have ballooned to over $900 million, indicating a troubling trend for traders.
Impact of US Jobs Report and Trump Tariffs
- Bearish Market Sentiment: The recent jobs report has sparked fears of economic instability, leading to increased selling pressure.
- Trade Tariffs: Trump tariffs are further exacerbating market vulnerabilities, pushing traders to liquidate positions.
Rising Crypto Liquidations
With liquidations surpassing $900 million, many traders are feeling the pain. The increasing trend of crypto liquidations is concerning, raising the stakes for trading strategies moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.