Bitcoin, Ethereum Slip as Crypto Derivatives Volume Drops 12%

The cryptocurrency market traded broadly lower on Friday, with Bitcoin (BTC) and Ethereum (ETH) both slipping as risk appetite softened across major tokens. The pullback came alongside a noticeable drop in derivatives activity, a combination that often signals traders are dialing back leverage and near-term conviction.

As of 7:07 a.m. ET on July 25, data from TokenPostMarket showed Bitcoin down 2.24% over the past day at $63,955.19. Ethereum fell 1.62% to $1,856.71, underperforming recent attempts to rebuild momentum above the $1,900 area.

Losses extended across large-cap altcoins,…  Read more

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