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Drop Off for Cryptocurrency Market- What Does It Mean?
Crypto prices are fluctuating wildly today with most coins trending low for now after an initial surge upward at the beginning of the week.
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Last updated: Thursday, July 24, 2025
Quick overview
- Many crypto coins that surged earlier in the week have significantly declined by Thursday, raising concerns about market stability.
- XRP and Dogecoin have experienced notable drops of 8.47% and 6.87%, respectively, while Bitcoin remains relatively stable.
- The GENIUS Act has positively impacted the market by making stablecoins more accessible, benefiting major coins like Bitcoin and Ethereum.
- Investors are advised to be cautious with less frequently used coins, as they are experiencing greater volatility compared to top-ranking cryptocurrencies.
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ABOUT THE AUTHOR
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Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.
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