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Home»Market»These altcoins bleed while Bitcoin (BTC) loses a level of $ 96,000 (Market Watch)
Market

These altcoins bleed while Bitcoin (BTC) loses a level of $ 96,000 (Market Watch)

February 25, 2025No Comments
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Bitcoin prices actions continue with disappointing domination while the asset fell below $ 96,000 after maintaining this level during the weekend.

Altcoins have worse, however, with massive daily drops of soil, DOGE, ADA, LINK, AVAX, etc.

BTC below $ 96,000

After calm felt during the previous weekend, BTC started this commercial week with a few consecutive price reductions that saw it dump at a low of $ 93,500. However, the bulls quickly intercepted the movement and did not allow another decline.

In fact, BTC recovered land on Wednesday and amounted to $ 96,000. The asset went to the offensive on Thursday and Friday, especially after this new positive of the CEO of Coinbase, and typed $ 99,500 for the first time in about two weeks.

At this stage, however, the situation has changed once again after Bybit, one of the largest exchanges in volume, was affected by a $ 1.4 billion hack. BTC reacted immediately with a price drop of more than four to hours at $ 95,000.

He rebounded during the weekend and spent most of $ 96,000. However, Monday started with another price slip that pushed it once again just under this level. Consequently, its market capitalization fell to 1.9 billion of dollars on CG, but its domination over the increasing alts.

BTCUSD. Source: tradingView
BTCUSD. Source: tradingView

Alts bleed

Most Altcoins have become red in the past 24 hours, as suggested by the growing domination of the BTC. Ethereum fell 4% on a daily scale at less than $ 2,700. XRP has decreased by a similar percentage and now has difficulties less than $ 2.5.

Even more painful decreases are obvious to Solana, Dogecoin, Cardano, ChainLink, Avalanche, Shiba Inu and Pepe, with losses up to 8%. The beaten is the other notable loser, with a massive collapse of 11.5% to $ 21.5.

The total market capitalization of cryptography has experienced more than $ 60 billion since yesterday and fell to 3.265 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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