The cryptocurrency market fell on February 28, as Bitcoin (BTC) decreased shortly to $ 79,000, which led to a wave of liquidation.
Ethereum (ETH) followed its example, as it decreased to less than 2200 dollars, while the main amount, including XRP and Solana (Sol), threw the value of nearly 8 %.
This shrinkage comes amid the increasing global trade war fears fueled by the new Donald Trump tariff for the European Union, Canada and Mexico, which led to a widespread panic.
With more than 700 million dollars in the rank within the past 24 hours and 4 % decreased in the total market value to 2.7 trillion dollars, merchants remain ready about the next step.
Bitcoin decreased with high market fluctuations
Bitcoin price has decreased by more than 5 % in the past 24 hours, as it reached a decrease of $ 79,523 before settling at 80,430 dollars, According to CoinmarketCap data.
The decline led to $ 365.91 million of BTC qualifiers, indicating an increase in sales.
However, the dominance of the Bitcoin market increased by 0.07 %, indicating that Altcoins bears the pressure of the sale.
ETHEREUM has seen a 7 % sharp decrease, drowning to $ 2,132 with the lowest level of the day of $ 2,128.18.
She faced the second largest cryptocurrency 166.28 million dollars in the ranking, as merchants’ reaction to the wider market trends was.
source: Coinmarketcap
Altcoins face heavy sales
- Xrp He decreased by 7 % to $ 2.04, with a total of $ 17.94 million.
- Solana (Sol) 8 % decreased, trading at $ 128.42. Despite the sales, the Raoul Pal market expert is still optimistic, citing excessive sale conditions.
- Dukwin (Duj) and Shayba Eno (Shayb) 8 % decreased despite the accumulation of whales and increased Shib burning rates.
- Baby Queen (Baby) and Trump currency It saw the largest losses, and decreased 12 % -16 %.
The best winners and losers in the encryption market today
While most encryption bleeds, some symbols managed to stay in green:
Best winners:
- Berracein (bera): +4 % ($ 7.71)
- Litecoin (LTC): +2 % (124.81 dollars)
- UNUS SED Leo (Leo): +1 % ($ 9.20)
The best losers:
- Al Dhaheri Protocol (Al Dhaheri): -12 % ($ 1.01)
- Raydium (RAY): -12 % ($ 2.13)
Meanwhile, Asian stock markets fell on Friday after US President Donald Trump confirmed the customs tariff for Mexico, Canada and China, the morale of investors.
The Japanese Nikki 225 fell 0.9 %, while Topix decreased by 0.68 % in early trading. South Korea, Korea, decreased by 1.54 %, as Cospeak decreased by 1.69 %.
The Hang Kong Index lost 1.14 %, while the S&P/ASX 200 in Australia fell 0.86 %.
The Chinese CSI 300 has been largely flat as investors assess the potential impact of additional American trade measures.
This renewed trade uncertainty weighs greatly on the American markets, with all three major indexes closed.
The S&P 500 index decreased by 1.59 % to 5,861.57, which expands its weekly losses.
Nasdaq fell by 2.78 % to 18,544.42, as it decreased by 8.5 % in NVIDIA, while the average Dow Jones Industrial Megit 193.62 points (0.45 %) closed at 43,239.50.
The encryption market continues to deal with macroeconomic pressure and liquidity challenges, which leads to increased uncertainty.
With Bitcoin and Ethereum on critical support levels, traders remain cautious, and they are waiting for more market signals.
In updating other encryption prices, here are the prices of a few coins:
The bull was traded at 0.2737, a decrease of 6.88 %.
1inch was trading at $ 0.2283, a decrease of 6.28 %.
AAVE was trading at $ 184.34, a decrease of 9.51 %.
ABBC Coin was traded at $ 0.002936, an increase of 8.61 %.
AEF was trading at $ 0.2545, a decrease of 4.47 %.
Æternity was traded at $ 0.01945, a decrease of 0.38 %.
AION traded at $ 0.001465, a decrease of 1.67 %.
Airswap was traded at $ 0.06215, a decrease of 6.88 %.
The Khawsaf was traded at $ 0.2191, a decrease of 8.36 %.
Ampleforth was traded at $ 1.13, a decrease of 1.76 %.
ANKR was traded at $ 0.01960, 7.09 %.
Apacen was at $ 0.5885, a decrease of 7.84 %.
Aptos was at $ 5.72, a decrease of 6.11 %.
Aragon was at 0.4950 dollars, a decrease of 18.37 %.
The introduction was at $ 0.384, a decrease of 8.97 %.
The enthusiasm was at $ 0.06506, a decrease of 4.68 %.
The Ark was at $ 0.3824, a decrease of 8.92 %.
Arweavwe was at $ 7.65, a decrease of 8.68 %.
Augur was at $ 0.5306, a decrease of 9.29 %.
Avalanche trading at $ 20.42, a decrease of 8.95 %.
Other ALT/MEME currencies such as Waves, Wazirx, Wings, WorldCOIN, Farn Finance, Zcash, Zcoin, Zerobank and Zilliqa are under pressure due to the wider market impact and showed volatility in price time.
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