Bitcoin Price Corrects Below $115,000; Galaxy Digital Sales and Economic Factors Contribute to Downturn
Key Takeaways
- Bitcoin fell below $115,000 on July 25 due to Galaxy Digital sales and liquidations.
- Long-term Bitcoin holders sold 210,000 BTC as short-term holders bought 250,000 BTC.
- Citi analysts predict Bitcoin could reach $135,000 by the end of 2025.
- Public companies absorbed 245,510 BTC in H1 2025, a 50% increase in firms holding 1,000+ BTC.
- Bitcoin spot ETFs saw a net inflow of $226.6 million between July 23-25.
Top Stories
Bitcoin price correction: Galaxy Digital sales, market liquidations, and ETF inflows.
On July 25, 2025, Bitcoin's price corrected, falling below $115,000 due to selling pressure, including Galaxy Digital's sales of approximately 30,000 BTC, and market liquidations exceeding $500 million. Despite the downturn, Bitcoin spot ETFs saw net inflows, and analysts noted the market's volatility, with prices fluctuating and potential support levels being tested.
Bitcoin price drops due to profit-taking and economic factors.
On July 25, 2025, Bitcoin's price declined, influenced by stronger-than-expected U.S. jobs data and profit-taking, with the price falling to around $115,000. Analysts suggest the drop may be due to receding hopes for U.S. interest rate cuts and large whale sales.
Crypto market correction and ETH performance.
On July 25, 2025, the crypto market corrected after Bitcoin fell below $115,000, with ETH holding near resistance. Galaxy Digital CEO Michael Novogratz suggests ETH could outperform Bitcoin.
Long-term Bitcoin holders sell as short-term holders buy.
The Bitcoin market is seeing increased activity from long-term holders, with over 210,000 BTC sold by long-term holders and about 250,000 BTC bought by short-term holders. This indicates experienced holders are selling as the market rally continues.
Citi analysts predict Bitcoin to reach $135,000 by 2025.
Citi analysts predict Bitcoin could reach $135,000 by the end of 2025, with a bullish scenario of $199,000 and a bearish outlook of $64,000. The forecast considers user adoption, macroeconomic conditions, and demand for spot ETFs.
Corporate Bitcoin holdings surge in the first half of 2025.
In the first half of 2025, corporate Bitcoin holdings surged, with the number of public firms holding at least 1,000 BTC increasing by 50%. Public companies absorbed 245,510 BTC in the first six months of 2025, responding to economic challenges.
Bitcoin spot ETFs see net inflows.
On July 23-25, 2025, Bitcoin spot ETFs saw a net inflow of $226.6 million, reversing a three-day outflow streak. This suggests strengthening investor confidence and rising institutional demand.
Breaking News
Volcon holds 3,183.37 Bitcoin and expands stock repurchase.
On July 25, 2025, Volcon announced it holds 3,183.37 Bitcoin, purchased for approximately $375 million. The company also sold short-term Bitcoin put contracts and expanded its stock repurchase authorization.
Bitcoin Hyper (HYPER) raises over $4.5 million in presale.
Bitcoin Hyper (HYPER) has raised over $4.5 million in presale funding, combining Bitcoin's security with Solana's speed. Predictions suggest $HYPER could reach $0.32 post-listing and $1.50 by 2030.
Expert Take
Analysts predict Bitcoin's bull run to continue.
Analysts CrediBULL Crypto and Trader Mayne predict Bitcoin's bull run will continue, potentially reaching $300,000 before a correction. They cite Elliott Wave theory and expect an altseason.
Robert Kiyosaki warns of ETF risks; Eric Balchunas counters.
Robert Kiyosaki warned of potential dangers in holding Bitcoin and precious metals through ETFs. Bloomberg ETF analyst Eric Balchunas countered that ETFs have robust security guarantees.
4-year Cycle Theory suggests Bitcoin bull cycle nearing end.
Based on the 4-year Cycle Theory, the current Bitcoin Bull Cycle is nearing its end, expected to last until approximately October 20, 2025. The model projects that the price shouldn't exceed $160k by October 2025.
Market Pulse
Bitcoin whale activity and market impact.
A Bitcoin whale invested $23.7 million, betting that Bitcoin will reach $200,000 by the end of 2025. A Satoshi-era Bitcoin whale transferred $1.1 billion worth of Bitcoin to exchanges, potentially impacting market dynamics.
CNBC Crypto World: Ether rises, Bitcoin inches up.
On CNBC Crypto World, Ether rose 2% and Bitcoin edged back above $119,000. Gerry O'Shea discussed the impact of the GENIUS Act on markets and what to expect for crypto in the second half of 2025.
Mizuho analysts discuss Bitcoin treasury strategies.
Mizuho analysts noted that the increasing number of companies adopting Bitcoin treasury strategies is diluting the scarcity premium. Mizuho maintains an Outperform rating on MSTR with a $563 price target.
Price Watch
Bitcoin's price rally and market performance.
On July 24-25, 2025, Bitcoin experienced a rally, reaching around $119,000, with some reports indicating a rise to $119,412. The cryptocurrency is up more than 27% this year, with analysts projecting long-term highs of $500,000–$1 million by 2030.
Bitcoin posts back-to-back weekly losses.
Bitcoin experienced back-to-back weekly losses, and Coinbase suffered a five-day slide. Bitcoin slipped to end the week and also experienced its first back-to-back weekly loss since early June.