BTC, ETH, XRP News: BTC Price Nears $115K as Trump Tariffs Hurt Crypto Optimism
XRP Leads Market as Bitcoin Climbs $115K Amid Declining Cryptocurrency Optimism Due to Trump Tariffs
“The decline was due to concerns about Trump's tariff policy and signals from the Fed that it does not plan to cut rates anytime soon,” one trader said.
Shaurya Malwa | Modified by Parikshit Mishra Updated August 4, 2025, 6:38 AM Published August 4, 2025, 4:48 AM
What you need to know:
- Bitcoin and Ethereum have returned to stability after a significant withdrawal of funds from US spot ETFs caused their prices to fall sharply.
- New US tariffs and the Federal Reserve's stance on interest rates have contributed to market volatility, although there is some temporary buying.
- Institutional liquidity is helping to reduce volatility, although ETF buyers remain wary, keeping overall sentiment subdued.
In this material
BTC $114,226.57 ◢ 0.23% 
DOJ $0.2019 ◢ 1.81%
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