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    MarketForces Africa » Cryptocurrency » Bitcoin Falls to $108k over Retail Cryptocurrency Selloffs

    Bitcoin Falls to $108k over Retail Cryptocurrency Selloffs

    Marketforces AfricaBy Marketforces AfricaJuly 7, 2025Updated:July 7, 2025 Cryptocurrency No Comments2 Mins Read
    Bitcoin Falls to $108k over Retail Cryptocurrency Selloffs
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    Bitcoin Falls to $108k over Retail Cryptocurrency Selloffs

    The world’s oldest and largest cryptocurrency, Bitcoin, slipped to around $108,000 level in the cryptocurrency market on Monday as retails investors’ trade exit on top leading digital assets amidst US tariff uncertainties

    The market value of all cryptocurrency is down by about 0.8%, suggesting mild selloffs are coming from retail traders. BTCUSD floated near $109,000 early Monday, creeping within just 3% of its all-time record, but retreated a few hours later.

    But the price action holds a big undercurrent as whales dumped coins at scale. Traders said approximately 500,000 BTC—worth more than $50 billion—has left long-term wallets over the past year, according to 10x Research, showing how the original holders are monetizing their decades-old faith.

    At $2,529, Ethereum (USD-ETH) is trading negative along with others due to weak investors’ sentiment in the crypto market. ETHUSD started the day near $2,535, spiked to $2,598, and is now holding around $2,571—a gain of roughly +1.5% for the period.

    The strongest push came Sunday night when ETH jumped $50 in one hour on the heaviest volume of the week. Since then, the price has been consolidating in a tight $2,565–$2,585 range. On the candle side, higher lows are visible at $2,506, $2,512, $2,540, and $2,560, which shows buyers are stepping in a little earlier on each dip.

    The selloff has reduced the market value of all cryptocurrency to $3.33 trillion, and prices have continued to fluctuate on the negative side.

    Bitcoin has lost about 0.7% of its opening market value, and Ethereum has shed 0.6% in the last 24 hours across crypto exchanges. Tether is tracking low, BNBUSD has lost 0.74%, and Solana (SOLUSD) is feeling the negative heat from the sellers’ market. #Bitcoin Falls to $108k over Retail Cryptocurrency Selloffs GTCO London Listing—Strategic Move to Attract Global Investors Confidence

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