Massive liquidation in the crypto landscape has people wondering what the best crypto to buy now is. With Bitcoin (BTC)\u00a0 falling from $117k to $113k, and Ethereum sliding down to $3.4k from $3.7k, the market is currently looking bearish.<\/p>\n
According to an X post <\/a>by Maelstrom CEO Arthur Hays, macroeconomic factors such as weak credit expansion across leading economies are slowing down nominal GDP growth and could play a part in dragging BTC and ETH down to the $100k and $3k level.<\/p>\n Hayes\u2019 remarks echo a wider industry concern that strains from tighter credit, rising tariffs and a cooling labour market could derail crypto\u2019s upward trajectory.<\/p>\n Since its peak of $123k on 14 July, the BTC has slid 7.7% while ETH is down 12.5% since breaching the $3.9k barrier on 28 July, as per CoinCecko\u2019s data<\/a>. A retreat to $100k would represent an 18.7% pullback from BTC\u2019s recent high.<\/p>\n On the other hand, many industry analysts have pointed out that the BTC is in many ways past any sort of double-digit pullbacks. Eric Baluchnas, Bloomberg\u2019s ETF analyst, has noted <\/a>that ever since BlackRock\u2019s spot BTC ETF filing, the crypto king has faced lesser degrees of volatility.<\/p>\n Bitcoin cycles, as we know them, are dead.<\/p>\n You can’t compare this phase to the ones that came before. What we\u2019re seeing now isn\u2019t a reaction to supply, but how bitcoin being absorbed into the system.<\/p>\n It flows through\u2026<\/p>\n \u2014 Eli Nagar (@EliNagarBrr) August 2, 2025<\/a><\/p>\n\n Meanwhile, the Fear and Greed index has dropped to 53 from Thursday\u2019s 65 and is currently in the neutral zone. However, analysts have maintained <\/a>that BTC\u2019s drop is nothing but a bullish reset.<\/p>\n\n Explore<\/strong>:\u00a0Best Meme Coin ICOs to Invest in August 2025<\/a><\/p>\n XRP witnessed massive downsides yesterday, tumbling nearly 9% from $3.02 to $2.75 before the bulls managed to claw back to $2.83. The decline came amidst a heavy institutional selloff, resulting in the trading volume surging to more than twice the norm.<\/p>\n The market hit XRP hard over a 24-hour volatile window ending on 3 August. On 2 August, traders exchanged a massive 222.24 million XRP tokens, an eye-watering 183% jump from its usual 78.52 million daily average<\/p>\n Incredibly, all this happened within a four-hour window on 2 August 2025.<\/p>\n XRP finally found its footing at $2.75 but has met with consistent resistance anytime it ventured above the $2.84 mark.<\/p>\n $XRP<\/a> is BOUNCING! pic.twitter.com\/TUzeu47co3<\/a><\/p>\n \u2014 CryptoGoos (@crypto_goos) August 3, 2025<\/a><\/p>\n\n Currently, all eyes are fixated on whether XRP can hold its ground at the $2.75 level, as breaking below will mean trouble. On the flip side, it needs to break above the $2.84 level to signal that the bearish trend is over.<\/p>\n The 24-hour range shows that XRP dropped over 8.91% with a $0.27 price swing. While there might be a quiet accumulation forming under the $2.80 mark, without buying pressure, it is all just smoke.<\/p>\n Explore<\/strong>:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/p>\n
Not in scale.
Not in structure.
Not in what\u2019s at stake.<\/p>\nXRP Trading Volume Surges Amid Massive Selloff<\/h2>\n