Bitcoin drops below $116,000 as Fed meeting, crypto policy loom

Bitcoin’s price fell below $115,555 on July 25, 2025, as market participants braced for the U.S. Federal Reserve’s policy meeting and the imminent release of the White House’s long-awaited crypto policy report on July 30 [1]. The world’s largest cryptocurrency had surged above $123,000 earlier in the week but retreated amid large wallet movements and profit-taking. According to Arkham Intel data, Galaxy Digital moved 3,420 bitcoins ($395 million) to exchanges and sent 250 bitcoins to an unknown address, contributing to volatility [1].

The pullback reflected broader caution in the crypto market, with most altcoins subdued following a volatile session. Ethereum rose 1.8% to $3,623.89, while XRP gained 2.8%. However, Solana dipped…

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