Oh dear, Bitcoin has decided to play hide and seek again, dropping to a rather unimpressive $95,000. I mean, who knew a six-day low could feel so… low? 😩
Meanwhile, our dear altcoins are having a collective meltdown, with Solana, Chainlink, Avalanche, HBAR, and SUI leading the charge into the abyss. It’s like a sad party where everyone forgot to bring the snacks. 🍕
BTC’s Losses
Last Wednesday, Bitcoin took a nosedive after the US CPI numbers were released, plummeting to $94,000. But wait! It bounced back like a rubber ball, soaring past $98,000. Talk about a dramatic comeback! 🎢
But alas, the thrill was short-lived. Over the weekend, it decided to lounge around $97,500, and by Tuesday morning, it was back to just over $95,000. It’s like watching a soap opera where the plot just keeps getting worse. 📉
Currently, it’s hanging around $95,600, which is still a smidge down for the day. Its market cap has taken a nosedive below $1.9 trillion, and its dominance over the altcoins is now a mere 58%. Someone get this crypto a therapist! 🛋️
Altcoins Keep Bleeding
As for the altcoins, they’re not having a great time either. Solana has plummeted below $170, which is like finding out your favorite dress is now out of style. It’s lost 9% today and over 18% since last week. Ouch! 😱
Other altcoins like SUI, AVAX, LINK, and HBAR are also feeling the pinch, with drops of up to 7%. It’s like a bad hair day for the entire crypto market. 💇♀️
The total crypto market cap has shed over $50 billion since yesterday. That’s a lot of zeros disappearing into thin air! Now sitting at $3.270 trillion, it’s like watching your savings account dwindle after a shopping spree. 🛍️
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2025-02-18 13:04