Altcoin Market Blves Red, causing $ 234 billion to investors in two weeks
- Altcoin’s market value has witnessed a $ 234 billion losses over the past two weeks.
- Several major encrypted currencies have ever lost their last levels of trading in support levels.
Since the beginning of 2025, the encryption scene has been suffering from modernity in various forms. First, with Bitcoin infected with new prices, Altcoin Market decided to organize a full gathering. When this noise began to decrease, the Trump administration took the spotlight. The pro -Carbuto developments in the United States were reflected around the world, as society witnessed a widespread adoption.
However, focusing on the collapse of the last market, investors have faced a difficult time. According to Glassnode ReportsIn the past two weeks, Altcoin market has suffered a large loss of $ 234 billion in the maximum market. This has caused great losses to investors who have just suffered from huge amounts of profits.
Moreover, the loss of bitcoin represents the next majority, but Glassnode has determined that the altcoin market has seen a relatively higher level of losses. While the low price of bitcoin resulted from Trump’s tariff threats, the Altcoin sector was disposed of due to multiple challenges.
First, the pressure of the side -selling and the hypnosis decreased to decrease. Recently, in the past two weeks, one of the analysts commented, that there has been no sign of altseason. This consistent warm movement of the Altcoin market led to the losses mentioned above.
Will Altcoin market recover?
In the past 24 hours, according to CMC DataThe roof of the total encryption market shows a 2.68 % decrease. This indicates that the Altcoin sector still faces movements down, after the last recovery. With almost every member of the Altcoin market, it seems that last day he witnessed another modest collapse.
However, a certain altcoins began to show upward movements. For example, the FTX code has shown modest gains in the past 24 hours. Meanwhile, distinctive symbols such as Solana and XRP showed declining movements similar to Bitcoin.
When looking at whether the market will recover, it looks uncertain. Analysts predicted support levels that could help in a counterattack in the coming months.
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