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Home»Analysis»These altcoins extend the losses because BTC has been faced with a rejection of $ 100,000 (Watch weekend)
Analysis

These altcoins extend the losses because BTC has been faced with a rejection of $ 100,000 (Watch weekend)

February 8, 2025No Comments
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Bitcoin price difficulties continue when the assets were violently rejected at $ 100,000 yesterday and pushed south by more than four thousands in hours.

Nevertheless, many altcoins are in an even worse state, with massive two -digit losses on a weekly scale.

BTC from top to bottom

It was a painful week for the primary cryptocurrency, which started in the previous weekend with a drop in prices of $ 102,000 to $ 97,000 Sunday morning after Trump prices against China, Mexico and the Canada. The situation worsened on Monday morning with another nose of less than $ 92,000.

However, the cryptocurrency exploded unexpectedly at this stage and added ten large in a few hours to increase $ 102,000. This was short -lived because he quickly lost the six -digit price and headed for $ 97,000.

After a few days of lateral action around this line, the BTC jumped at just over $ 100,000 on Friday. However, the Bears quickly intercepted the movement and did not allow a new increase. In addition, the rejection was quite brutal because it pushed Bitcoin South at less than $ 96,000.

The assets now find it difficult to recover this level, and its market capitalization is about to disintegrate below 1.9 billion of dollars. Its domination over the alts, however, is quite high (almost 59% on CG), because most of them were harder.

BTCUSD. Source: tradingView
BTCUSD. Source: tradingView

Alts back in red

The alternative parts suffered even more than the BTC, and many continue to be well in the red. Ethereum dumped 4% in the last day and has trouble staying above $ 2,600. ChainLink, Suis, Avx, ADA and XMR are the other substantial losers of the greatest capitalization alts, with a decrease of up to 7%.

Doge, BNB, Sol and Hbar are also in red, but in a less painful way. XRP and TRX are among the few alts with minor gains in the last day.

However, the total market capitalization of cryptography has lost another $ 80 billion since yesterday and fell to 3,250 billions of dollars on CG.

Presentation of the cryptocurrency market. Source: QuantifyCryptto
Presentation of the cryptocurrency market. Source: QuantifyCryptto
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Warning: The information found on cryptopottes is that of the writers mentioned. It does not represent the opinions of the cryptopote on the advisability of buying, selling or having investments. It is advisable to conduct your own research before taking investment decisions. Use information provided at your own risk. See the warning for more information.

Graphic cryptocurrencies by tradingView.



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