Why Is Crypto Going Down? Bitcoin Falls to $117K Today, Dragging XRP, Dogecoin and Ethereum Prices Lower
Cryptocurrency
markets experienced significant volatility on Wednesday, July 15, 2025, with
Bitcoin (BTC) prices falling below $117,000 after reaching a record high of
$123,000. The world’s largest cryptocurrency currently trades at approximately
$117,550, representing a 5% decline from its Monday peak as investors engaged
in profit-taking activities following the historic rally.
Ethereum (ETH)
has also faced selling pressure, trading below $3,000, while XRP experienced an
5% drop from $3.02 to $2.78. Dogecoin emerged as the worst performer among
major cryptocurrencies, plunging 8% and leading market losses.
Why is the
crypto going down today? The crypto market correction follows one of the most
significant profit-realization events of…
