The cryptocurrency market has seen a sharp decline over the last week, initiated by Donald Trump's threats of new tariffs and large-scale liquidations.
Main Causes of Market Decline
Recent threats from Donald Trump regarding new tariffs have sparked concerns in the cryptocurrency market, exacerbating the situation with long position liquidations. These factors collectively have negatively affected major cryptocurrencies like Bitcoin.
Token Unlock Schedule
Significant token unlocks for several altcoins are expected in the coming week. According to data provided by Bitcoinsistemi.com, key dates and unlock amounts include:
- **Zeus Network (ZEUS)**: August 4, 2025, 15:00 - $2.47 million (4.97% of market cap) - **XION (XION)**: August 5, 2025, 03:00 - $1.76 million (6.59%) - **Gravity (G)**: August 5, 2025, 09:00 - $4.39 million (5.14%) - **Ethena (ENA)**: August 5, 2025, 11:00 - $98.52 million (2.70%) - **Everclear (CLEAR)**: August 5, 2025, 19:00 - $1.20 million (8.31%) - **Heroes of Mavia (MAVIA)**: August 6, 2025, 15:00 - $1.66 million (20.34%) - **NAVI Protocol (NAVX)**: August 7, 2025, 03:00 - $1.80 million (5.17%) - **Automata (ATA)**: August 7, 2025, 03:00 - $1.10 million (4.20%) - **Alchemy Pay (ACH)**: August 7, 2025, 15:00 - $1.69 million (0.90%) - **Space and Time (SXT)**: August 8, 2025, 03:00 - $2.00 million (1.73%) - **Immutable (IMX)**: August 8, 2025, 08:00 - $13.44 million (1.44%) - **Movement (MOVE)**: August 9, 2025, 03:00 - $6.52 million (1.92%) - **Xai (XAI)**: August 9, 2025, 09:00 - $1.82 million (2.24%) - **Cheelee (CHEEL)**: August 10, 2025, 12:00 - $33.09 million (14.64%)
Impact on Altcoins
The decline of the BTC market significantly affects altcoins, many of which are also suffering losses. The token unlocks may exert additional pressure on their prices amidst growing liquidation volumes. Regular updates on the state of the market remain relevant for participants.
The cryptocurrency market is vulnerable to risks due to external economic factors and internal token unlocks, necessitating careful monitoring of the situation.
