Global crypto markets plunge 3%-10% in July 2025 as ETF outflows and speculative trading trigger $40B selloff
Global cryptocurrency markets experienced a sharp correction in late July 2025, with Bitcoin and major altcoins suffering significant losses amid heightened volatility. The selloff, which erased nearly $40 billion in market value within a week, was driven by ETF outflows, technical breakdowns, and growing concerns over speculative trading. Bitcoin fell below $118,000, triggering automated sell orders, while Ethereum (ETH) and XRP dropped over 3% and 10% respectively, marking one of the most abrupt corrections in recent history [5][6].
The liquidation data underscored the severity of the downturn. CoinGlass reported that $625.5 million in long positions were liquidated, with altcoins bearing the brunt of the losses. Ethereum investors…
