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? ๐ฉ
Meanwhile, our dear altcoins are having a collective meltdown, with Solana, Chainlink, Avalanche, HBAR, and SUI leading the charge into the abyss. Itโs like a sad party where everyone forgot to bring the snacks. ๐
BTCโs 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! ๐ข
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. Itโs like watching a soap opera where the plot just keeps getting worse. ๐
Currently, itโs 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! ๐๏ธ

Altcoins Keep Bleeding
As for the altcoins, theyโre not having a great time either. Solana has plummeted below $170, which is like finding out your favorite dress is now out of style. Itโs lost 9% today and over 18% since last week. Ouch! ๐ฑ
Other altcoins like SUI, AVAX, LINK, and HBAR are also feeling the pinch, with drops of up to 7%. Itโs like a bad hair day for the entire crypto market. ๐โโ๏ธ
The total crypto market cap has shed over $50 billion since yesterday. Thatโs a lot of zeros disappearing into thin air! Now sitting at $3.270 trillion, itโs like watching your savings account dwindle after a shopping spree. ๐๏ธ

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2025-02-18 13:04