[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  FinancialPress.com [@FinancialPress_](/creator/twitter/FinancialPress_) on x XXX followers Created: 2025-07-24 00:20:15 UTC 🚨 FinancialPress Crypto Intelligence Briefing: Market Correction Update - July 23, 2025 Executive Summary: The cryptocurrency market is undergoing a moderate correction, with the total market cap dipping to approximately $3.87T-$3.94T, reflecting a 2.5%-6.3% decline over the past XX hours. Bitcoin (BTC) has pulled back to around $XXXXXXX after failing to sustain above $120,000, while Ethereum (ETH) trades near $XXXXX with a X% drop. Altcoins are hit harder: XRP down 11%, Solana (SOL) -7%, Dogecoin (DOGE) -10%, and Cardano (ADA) -9%. Trading volume has contracted by 4%-6%, signaling reduced liquidity and heightened caution. Sentiment has shifted from greed to neutral/fear, with the Fear & Greed Index at XX. This follows a pivotal week where the market breached $4T, driven by regulatory wins like the GENIUS Act, but now faces consolidation amid profit-taking and macro pressures. Major Headlines and Events (Past 24-72 Hours) Regulatory Tailwinds Cooling: GENIUS Act passage legitimized stablecoins, but no immediate Senate action on CLARITY Act tempers enthusiasm. Bipartisan support exists, yet global regs (e.g., Hong Kong's stablecoin ordinance) add compliance burdens. Institutional Moves: JPMorgan eyes crypto-backed loans for 2026; BitGo files for IPO. However, sudden ETF outflows ($800M+) triggered volatility. Trending Narratives: Altseason hints (ETH outpacing BTC), but memecoin dumps (e.g., backers sell $160M) and whale activity (SpaceX wallet moves $152M) fuel fear. Utility tokens like $HBAR/KAS gain on real-world use. Most Likely Cause of the Correction: The primary driver appears to be widespread profit-taking following recent highs, exacerbated by ETF outflows and overleveraged positions. BTC's failure to break $121K-$123K resistance led to a cascade of $667M+ liquidations, mostly in alts, as traders rotate capital amid whale/miner selling. Macro factors, including a strengthening USD (DXY volatility) and Fed rate cut uncertainty, add pressure—dovish hints could stem losses, but hawkish tones risk deeper dips. Geopolitical tensions and trade policies (e.g., Trump's tariffs) contribute to risk-off sentiment, contradicting earlier regulatory euphoria. This isn't a crash but a healthy reset; on-chain metrics (e.g., low derivative risk, neutral RSI) suggest room for recovery if inflows resume. Stay vigilant—consolidation may extend to August, but Q4 liquidity supercycle favors bulls.  XXX engagements  **Related Topics** [24 hours](/topic/24-hours) [cryptocurrency market](/topic/cryptocurrency-market) [market cap](/topic/market-cap) [$394t](/topic/$394t) [$387t](/topic/$387t) [cryptocurrency](/topic/cryptocurrency) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/FinancialPress_/status/1948176363577618761)
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FinancialPress.com @FinancialPress_ on x XXX followers
Created: 2025-07-24 00:20:15 UTC
🚨 FinancialPress Crypto Intelligence Briefing:
Market Correction Update - July 23, 2025
Executive Summary:
The cryptocurrency market is undergoing a moderate correction, with the total market cap dipping to approximately $3.87T-$3.94T, reflecting a 2.5%-6.3% decline over the past XX hours.
Bitcoin (BTC) has pulled back to around $XXXXXXX after failing to sustain above $120,000, while Ethereum (ETH) trades near $XXXXX with a X% drop.
Altcoins are hit harder: XRP down 11%, Solana (SOL) -7%, Dogecoin (DOGE) -10%, and Cardano (ADA) -9%. Trading volume has contracted by 4%-6%, signaling reduced liquidity and heightened caution.
Sentiment has shifted from greed to neutral/fear, with the Fear & Greed Index at XX. This follows a pivotal week where the market breached $4T, driven by regulatory wins like the GENIUS Act, but now faces consolidation amid profit-taking and macro pressures.
Major Headlines and Events (Past 24-72 Hours)
Regulatory Tailwinds Cooling:
GENIUS Act passage legitimized stablecoins, but no immediate Senate action on CLARITY Act tempers enthusiasm. Bipartisan support exists, yet global regs (e.g., Hong Kong's stablecoin ordinance) add compliance burdens.
Institutional Moves:
JPMorgan eyes crypto-backed loans for 2026; BitGo files for IPO. However, sudden ETF outflows ($800M+) triggered volatility.
Trending Narratives:
Altseason hints (ETH outpacing BTC), but memecoin dumps (e.g., backers sell $160M) and whale activity (SpaceX wallet moves $152M) fuel fear. Utility tokens like $HBAR/KAS gain on real-world use.
Most Likely Cause of the Correction:
The primary driver appears to be widespread profit-taking following recent highs, exacerbated by ETF outflows and overleveraged positions. BTC's failure to break $121K-$123K resistance led to a cascade of $667M+ liquidations, mostly in alts, as traders rotate capital amid whale/miner selling.
Macro factors, including a strengthening USD (DXY volatility) and Fed rate cut uncertainty, add pressure—dovish hints could stem losses, but hawkish tones risk deeper dips.
Geopolitical tensions and trade policies (e.g., Trump's tariffs) contribute to risk-off sentiment, contradicting earlier regulatory euphoria.
This isn't a crash but a healthy reset; on-chain metrics (e.g., low derivative risk, neutral RSI) suggest room for recovery if inflows resume.
Stay vigilant—consolidation may extend to August, but Q4 liquidity supercycle favors bulls.
XXX engagements
Related Topics 24 hours cryptocurrency market market cap $394t $387t cryptocurrency bitcoin coins layer 1