Bitcoin (BTC) returns from collapse to $ 80,000, and this altcoins decreases with double numbers (market watch)

The past 24 hours offered a new wave of instability for the cryptocurrency market. Bitcoin (BTC) fell to $ 80,000 before bulls recovered Subordinate losses.

Alternative metal coins followed the negative performance of the leading digital assets, as many of them drew great losses.

Another declining direction for BTC

Despite the short nails, Bitcoin was On a clear fall In the past few days. like Cryptopotato I mentionedThe price was unified by about $ 86,000 during the weekend, but the bulls had to take another blow at the beginning of the working week.

A few hours ago, btc drunk To up to $ 80,000, which led to multiple millions of qualifiers on a 24 -hour scale. Since then, though, the original has climbed to the pedal again, as it recovered to nearly $ 84,000 (per Coingecko data).

Augmented volatility It is expected To continue in the short term due to some upcoming events. One of these is the latest CPI report in the United States to be held on March 12. It will reveal the rate of inflation in the largest economy in the world, which may lead to adjusting the interest rate by the Federal Reserve. Historically, these efforts affected the performance of BTC prices.

Meanwhile, the market value of the assets is about $ 1.66 trillion, while its dominance against it the Altcoins is almost the same on March 9 – around 58.1 %.

Alts turns red as well

Altcoins also went to red lands. At one point, ETHEREUM (ETH) rivers to the lowest multi -year level less than $ 2000. After that regain some losses, And until these lines are written It is worth about $ 2,120.

Ripple (XRP), Solana (SOL), DOGECOIN (DOGE), Litecoin (LTC), Toncoin (TON), and many others. It was too bad. For its part, PI (PI) Continuing For suffering and is now about $ 1.43, it represents 14 % Retreat.

It includes the few cryptocurrencies that are at the top of 100 that have set some gains in the past 24 hours ETHENA (ENA), AAVE (AAVE) and Story (IP).

The total value of the coded currency market is about $ 2.82 trillion, which represents 5 % Decrease for this day.