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Bitcoin, Ethereum down 3%, Stellar drops 6% amid bearish crypto market trend

Technical Signals
31 Jul 2026
AMBCrypto
View Source
Bearish
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Bitcoin and Ethereum both fell by 3% in the last 24 hours, with the overall crypto market capitalization dropping 2.43%. Stellar (XLM) also declined by 6% over the past week, trading below a key support level after a sharp rally in May. Technical indicators suggest XLM is in a retracement phase, needing to surpass $0.175 and $0.183 resistance levels to signal a bullish reversal. Until then, bearish sentiment is expected to continue for Stellar and possibly the wider crypto market.

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