The last 24 hours have not been pleasant for the Crypto Bulls, since most of the main digital assets have been directed south. Bitcoin (BTC), for example, retired to approximately $ 96,000.
The situation with most known altcoins, including Ripple (XRP), Solana (Sol), Dogecoin (Doge) and others, is not better. The Meme coins sector is also in red, with some chips that record two digit decreases.
BTC takes a step back
Last week it was quite turbulent for the primary cryptocurrency, whose price reached a local top of almost $ 99,000 on February 14 and a local fund of less than $ 95,000 on February 12. The lower brand was observed shortly after The United States Labor Statistics Office released Consumer price index data For January. The real inflation rate was higher than expectations which caused the entire cryptographic market to bleed strongly.
Contrary to the Business Week volatile, the weekend was quiet with the BTC assessment consolidated by around $ 97,000- $ 97,500.
However, the Bears took control at the beginning of the new business week, suppressing the price up to $ 95,800. In the following hours, BTC recovered slightly to the current $ 96,100 (according to Coingcko data).
The market capitalization of the asset has turned over approximately $ 1,906 billion, while its domain against alternative currencies remains almost unchanged in around 59.7%.
The ALTS are more affected
As mentioned above, several high capitalization altcoins have fallen in the last 24 hours. The Ripple XRP has dropped 3%, solana (sun) tanked by 4%, while Litecoin (LTC) fell by 5%. On the other hand, Cardano (ADA), Ethereum (ETH) and Tron (TRX) are among the few profits.
Memes of Mimmes is also predominantly covered with red. Dogecoin (Doge), Shiba Inu (Shib), Trump Official (Trump) and many more have directed south, while the cards less known as Meow (Meow), AI16Z (AI16Z) and Ket (Ket) have collapsed with double digits.
The total capitalization of the cryptocurrency market is currently approximately $ 3.19 billion, which represents a 0.88% decrease for the day.
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