Crypto money markets started next week with an earthquake. Giant crypto beings such as Bitcoin (BTC), Ethereum (ETH), Solana and Dogecoin depreciate between 6 and 12 %, while investors are on thorns. This wave of sales, which was triggered by the harsh fall of Asian markets on Monday morning, created a fearful atmosphere in the markets. As Kriptokoin.com, we transfer the details.
Bitcoin is trying to hold on 77,500 dollars
Bitcoin has lost its support for $ 80,000 for weeks and fell to $ 77,500. This level is considered quite critical in technical analysis. If BTC loses this support, analysts say that a deeper correction is at the door.
The daily transaction volume increased by 220 %and exceeded $ 44 billion. This huge increase shows that investors closed the position with panic. 24 -hour liquidations exceeded $ 900 million. Such high liquidation rate indicates that the decline can only be the beginning.
BTC, meat, left falling, the theory of “digital gold” is questioned
Bitcoin has long been introduced as “digital gold .. However, gold and silver rise hard today, while the fall of the BTC began to question this analogy. Gold increased by more than 4 $ 80 and silver increased over 4 %. This reveals that investors are still turning to traditional safe ports in the moments of crisis.
Bitcoin critics such as Peter Schiff know this opportunity and started to be loaded to crypto currency investors. However, some corporate players continue to believe that Bitcoin is a unique value storage tool in the long run. Bitwise CEO Hunter Horsley defended this view, saying, Bitcoin’s importance is greater than ever, as a apolitical and global value unit at a time when the world became more insecure.
Great destruction in Altcoins: ETH, left and domain at the bottom
The decline in Bitcoin dragged the Altcoins after him. Ethereum fell more than 13 %and fell to $ 1,550. For analysts, which lost 53 %for 2025, analysts point to the next support zone as a $ 1,100-1.300 range. On the other hand, it is seen that the whales continue to collect ETH during the fall.
Solana, with 14 %loss to $ 102. Dogecoin crashed to $ 0.143 with a decrease of 16 %. XRP also lost 2 dollars support with a decrease of 14.5 %. These harsh movements raised their hopes for the Altcoin season for now.
