Jul 25, 2025
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Bitcoin Price Drops to $115,170 Amidst Dow Jones Market Weakness
Bitcoin's price fell over 2.5% to $115,170, the lowest since July 10, indicating a bearish trend after recent consolidation between $116,000 and $120,000. This breakdown raises the likelihood of revisiting the former support level at $11,956.
The broader cryptocurrency market also declined, with ether, Solana, and XRP dropping 2% to 3%. The CoinDesk 80 index decreased by 2.6% to 898 points.
Wall Street's Dow Jones index fell 0.70%, suggesting potential bearish sentiment could affect the crypto market as sellers aim to establish dominance around the 45,000 resistance level.
