Bitcoin has dropped to $95K
Last weekend, Bitcoin showed signs of breaking through to $100,000, but Monday began with a drop to $95,000. Many major altcoins also fell, with SOL losing more than 4% and DOGE dropping 3%.
- Bitcoin has experienced significant volatility, from below $91,000 last Tuesday, to over $97,000 on Wednesday, and nearly $99,000 on Friday. However, the weekend saw a downward adjustment.
- Some whales transferred large amounts of BTC to exchanges, possibly to take profits, causing a sharp decline in BTC prices.
- XRP and HBAR stood out with increases of 22% and 26% respectively, while the total crypto market capitalization decreased by 2.5%, falling below $2.550 trillion. 📉📈