{"id":374869,"date":"2025-02-25T10:30:59","date_gmt":"2025-02-25T05:00:59","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=374869"},"modified":"2025-02-25T10:30:59","modified_gmt":"2025-02-25T05:00:59","slug":"why-btc-plunged-to-90k-altcoins-followed-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/why-btc-plunged-to-90k-altcoins-followed-crypto-news\/","title":{"rendered":"Why BTC Plunged To $90K & Altcoins Followed? – Crypto News"},"content":{"rendered":"

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Crypto Prices Today (February 25):<\/strong> The broader market action set off severe investor concerns on Tuesday, showcasing an alarmingly slumping trajectory. Bitcoin (BTC) price hit a $90K low in the past 24 hours, whereas Ethereum (ETH) slipped below $2,500. XRP and Solana prices tanked 8%-13% intraday, mimicking the broader market trend. This waning action mainly aligns with Donald Trump\u2019s recent tariff announcement for Canada & Mexico and massive liquidations.<\/p>\n

Crypto Prices Today: Here\u2019s Why BTC & Altcoins Were Down<\/h2>\n

Notably, Donald Trump recently stated that U.S. import tariffs on Canada and Mexico \u2018will go forward\u2019 following a 30-day halt put earlier. As per recent reports, the halt is set to expire as soon as next week. In light of this macroeconomic development, global markets are taking heat amid trade war speculations.<\/p>\n

Simultaneously, the cryptocurrency market lost<\/a> nearly 5% amid this development, with the market slipping below the $3 trillion mark during early Asian hours on Tuesday. Further, the market also recorded a whopping $887.85 million liquidated in the past 24 hours. In turn, BTC & leading altcoins reacted concerningly bearish to these broader trends.<\/p>\n

Bitcoin Hits $90K Low Intraday As Crypto Prices Face Heat<\/h3>\n

Although BTC price rested at $92,152 as of press time, CoinMarketCap\u2019s data highlighted a $90,924.90 bottom for the token intraday. This alarming price drop comes against the backdrop of $271.69 million worth of liquidations for the coin in the past 24 hours. Despite its price dip, BTC\u2019s dominance was up by 0.94% to 61.16%, signaling more heat within the altcoins sector.<\/p>\n

ETH Loses $2,500<\/h3>\n

ETH price witnessed an 8% crash in the past 24 hours and closed in at $2,490. The coin hit a bottom and peak of $2,461.52 and $2,735.15 in the past 24 hours. Ethereum\u2019s waning action reflects $192.53 million liquidated in the
past 24 hours, per Coinglass data<\/a>. The second largest crypto by market cap saw its dominance slipping back to 10.1% today.<\/p>\n

XRP Price Loses 8%<\/h3>\n

XRP price plunged 8.5% over the past day and exchanged hands at $2.26. The Ripple-backed asset hit an intraday low and high of $2.23 and $2.50, respectively. XRP recorded $38.25 million worth of liquidations in the past 24 hours, rationalizing the price fall.<\/p>\n

Solana Price Crashes 14%<\/h3>\n

Meanwhile, SOL price<\/a> cracked by 14% as of press time, remaining at $137.19. The coin hit a bottom and peak of $136.88 and $161.61, respectively. Solana slumped as $90.60 million was liquidated in the background, bringing heat to its price.<\/p>\n

Meme Crypto Prices Today<\/h3>\n

Dogecoin (DOGE) witnessed a 10% dip in value today, closing in at $0.2077. Even Shiba Inu (SHIB) lost 8% to reach $0.00001367. Other than dog-themed meme coin prices crashing, even PEPE and TRUMP lost 13%-15%, standing at $0.000007818 and $13.10, respectively.<\/p>\n

Top Gainer Crypto Prices Today<\/h2>\n

Nevertheless, some tokens have defied the broader market slump today:<\/p>\n

Story (IP)<\/h3>\n

Price: $4.72
24-Hour Gains: +20%<\/p>\n

DeXe (DEXE)<\/h3>\n

Price: $19.11
24-Hour Gains: +4%<\/p>\n

FTX Token (FTT)<\/h3>\n

Price: $1.91
24-Hour Gains: +1%<\/p>\n

Top Loser Crypto Prices Today<\/h2>\n

Hyperliquid (HYPE)<\/h3>\n

Price: $18.58
24-Hour Loss: -16%<\/p>\n

Sonic (S)<\/h3>\n

Price: $0.7257
24-Hour Loss: -15%<\/p>\n

LidoDAO (LDO)<\/h3>\n

Price: $1.37
24-Hour Loss: -15%<\/p>\n

Meanwhile, traders and investors remain cautious, reflecting uncertainty about future movements amid broader developments. It is yet to be seen if prices will take further heat, given that the U.S. import tariffs commence next week with burgeoning trade war speculations.<\/p>\n

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Coingape Staff <\/p>\n<\/p><\/div>\n

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n

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Crypto Prices Today (February 25): The broader market action set off severe investor concerns on Tuesday, showcasing an alarmingly slumping trajectory. Bitcoin (BTC) price hit a $90K low in the past 24 hours, whereas Ethereum (ETH) slipped below $2,500. XRP and Solana prices tanked 8%-13% intraday, mimicking the broader market trend. This waning action mainly […]<\/p>\n","protected":false},"author":2,"featured_media":374871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-374869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=374869"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374869\/revisions"}],"predecessor-version":[{"id":374873,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374869\/revisions\/374873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/374871"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=374869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=374869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=374869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}