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Bitcoin (BTC) Slips 1.3% as CoinDesk 20 Suffers Broad Market Retreat – What’s Next?

Bitcoin (BTC) Slips 1.3% as CoinDesk 20 Suffers Broad Market Retreat – What’s Next?

Author:
Coindesk
Published:
2025-08-01 13:23:44
6
3

Crypto markets bleed red—BTC leads the downturn with a 1.3% drop as the CoinDesk 20 index tanks across the board. No asset spared.

Why the slump? Macro jitters or just traders taking profits? Either way, the 'digital gold' narrative gets another stress test.

Meanwhile, Wall Street shrugs—another day, another chance to blame crypto for market volatility they created. Stay nimble, folks.

9am CoinDesk 20 Update for 2025-08-01: vertical

Leaders: BTC (-1.3%) and BCH (-1.4%).

Laggards: SUI (-5.2%) and NEAR (-4.5%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

|Square

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