Bitcoin (BTC) and the leading Altcoins began calmly. The price of the BTC was traded at almost the same level in the last 24 hours and was consolidated around $ 97,000. While this stagnation was felt throughout the crypto market, especially the breast coin market caused severe losses. The biggest blow was the Official Trump (Trump) token, supported by Donald Trump.
Bitcoin: Calm in BTC
Bitcoin followed a wavy course last week and the price ranged from 95,000 to $ 99,000. The causes of this fluctuation include Donald Trump’s plans to bring new tariffs to certain stocks and the end consumer price index (CPI) announced by the US Office of Working Statistics.
However, the weekend passed relatively calm. The BTC settled at the level of $ 97,500 on February 15th and was consolidated at this level in the following hours. This means only 0.5 %change on a weekly basis. While the market value of the BTC remained constant at $ 1.93 trillion, its market dominance rose to 59.8 %compared to CoinMarketCap data.
Altcoin market and breast coin collapse
Ethereum (ETH), Ripple (XRP) and Solana (left) large Altcoins, such as Bitcoin’s stagnation. ETH remained constant at approximately $ 2,700, XRP at $ 2.80 and left 195 dollars. However, Litecoin (LTC) increased by 4 %to $ 135, the highest level of the last month. Tron (TRX) gained 2.5 %.
On the other hand, the situation in the breast coin market is quite grave. Official Trump (Trump) token lost 10 %and fell to $ 18.60. Dogecoin (Dogge), Shiba Inu (Shıb), Bonk Inu (Bonk) and many other breast coins turned red. The total value of the crypto currency market is currently about 3.23 trillion dollars, which means a decrease of 0.18 %on a daily basis.
What is expected for breast coins?
Although this sharp decline in the breast coin market creates anxiety among investors, some analysts think that this is temporary. In particular, if the liquidity problems are solved and market conditions are improved, breast coins can be recovered.
Popular breast coins such as Dogecoin and Shiba Inu are able to participate in the general recovery trend of the market. However, it is recommended that investors should be careful in assets with such high volatility and to act strategically.
