
{"id":45115,"date":"2025-02-17T09:39:16","date_gmt":"2025-02-17T09:39:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=45115"},"modified":"2025-02-17T09:39:16","modified_gmt":"2025-02-17T09:39:16","slug":"bitcoin-btc-falls-to-96k-leading-altcoins-suffer-substantial-losses-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=45115","title":{"rendered":"Bitcoin (BTC) Falls to $96K, Leading Altcoins Suffer Substantial Losses (Market Watch)"},"content":{"rendered":"<p>The last 24 hours have not been pleasant for the crypto bulls since most of the leading digital assets have headed south. Bitcoin (BTC), for instance, retreated to roughly $96,000.<\/p>\n<p>The situation with most of the well-known altcoins, including Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and others, is no better. The meme coin sector is also deep in the red, with some tokens recording double-digit declines.<\/p>\n<h2>BTC Takes a Step Back<\/h2>\n<p>Last week was rather turbulent for the primary cryptocurrency, whose price reached a local top of almost $99,000 on February 14 and a local bottom of less than $95,000 on February 12. The lower mark was observed shortly after <span>the United States Bureau of Labor Statistics\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-price-dumps-to-9-day-low-on-higher-than-expected-us-cpi-data\/\" target=\"_blank\" rel=\"noopener\"><span>released\u00a0<\/span><\/a><span>the Consumer Price Index data\u00a0<\/span><span>for January<\/span><span>. The actual inflation rate was higher than\u00a0<\/span><span>expectations<\/span><span> which caused the entire crypto market to bleed heavily.<\/span><\/p>\n<p>Contrary to the volatile business week, the weekend was quiet with BTC\u2019s valuation consolidating at around $97,000-$97,500.<\/p>\n<p>However, the bears took control at the start of the new business week, suppressing the price to as low as $95,800. In the following hours, BTC slightly rebounded to the current $96,100 (per CoinGecko\u2019s data).<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-1.png\"><\/a>BTC Price, Source: CoinMarketCap<\/p>\n<p>The asset\u2019s market capitalization has retraced to approximately $1.906 trillion, whereas its dominance against the alternative coins remains almost unchanged at around 59.7%.<\/p>\n<h2>The Alts are More Affected<\/h2>\n<p>As mentioned above, several large-cap altcoins have tumbled in the last 24 hours. Ripple\u2019s XRP is down 3%, Solana (SOL) tanked by 4%, whereas Litecoin (LTC) slipped by 5%. On the other hand, Cardano (ADA), Ethereum (ETH), and TRON (TRX) are among the few charting some gains.<\/p>\n<p>The meme coin niche is also predominantly covered in red. Dogecoin (DOGE), Shiba Inu (SHIB), Official Trump (TRUMP), and many more have headed south, while lesser-known tokens like MEOW (MEOW), ai16z (AI16Z), and Ket (KET) have collapsed by double digits.<\/p>\n<p>The total cryptocurrency market capitalization currently stands at roughly $3.19 trillion, representing a 0.88% decrease for the day.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-3.png\"><\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-falls-to-96k-leading-altcoins-suffer-substantial-losses-market-watch\/\">Bitcoin (BTC) Falls to $96K, Leading Altcoins Suffer Substantial Losses (Market Watch)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The last 24 hours have not been pleasant for the crypto bulls since most of the leading digital assets have headed south. Bitcoin (BTC), for instance, retreated to roughly $96,000. The situation with most of the well-known altcoins, including Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and others, is no better. The meme coin sector is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":45116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45115"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45115"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/45116"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}