#BTC☀ #ETH🔥🔥🔥🔥 #TON生态 #xrp #doge⚡
Bitcoin price encountered resistance as it approached $100,000, and the subsequent pullback pushed it lower, causing the asset to fall by more than $6,000 in just a few hours.
At the same time, altcoins also experienced a general decline, with many altcoins such as Solana, Dogecoin, Cardano, Stellar, and Polkadot all experiencing significant declines.
BTC’s sharp correction
Since Trump won the US election three weeks ago, Bitcoin has experienced a stunning rise and soared to just over $99,800 last Friday, setting a new all-time high. However, despite coming close to breaking through the $100,000 range, Bitcoin failed to continue its rise and subsequently began to pull back.
By Saturday, the price of Bitcoin fell below $98,000, and on Sunday it fell below $96,000 again, with the actual correction occurring on Monday, when Bitcoin rose to $99,000 at one point, but short sellers stepped in and failed to push the price above $100,000.
Bitcoin then quickly fell back and fell below $93,000 for the first time in a week. Analysts said that after a 40% rally, a market correction was normal. Some warned that there could be more downward pressure in the short term, but there were also signs that the overall bull cycle was not over yet.
Bitcoin once again fell below $93,000, with its market cap falling below $1.84 trillion. At the same time, Bitcoin’s dominance over altcoins also fell back, falling to 55% in terms of market capitalization (CG).
Bitcoin/Price/Chart 26 November 2024.
The trumpet also turns red
Except for ETH and TON, other altcoins have generally seen sharp declines in the past 24 hours, while the prices of ETH and TON have remained almost at yesterday's levels.
In contrast, SOL, XRP, DOGE, ADA, AVAX, XLM, and DOT all fell by 13%. SAND and RAY fell even more dramatically, falling by 15% each.
The cumulative market capitalization of all crypto assets has shrunk by approximately $200 billion since yesterday, and the total market capitalization has now fallen below $3.34 trillion.
Cryptocurrency market overview.
Club Target Review
TOP.1
Last Saturday, the club discovered the DeSci concept and selected three iconic targets, among which RIF soared 10 times after the recommendation, URO also increased 9 times, while WORM's performance was relatively flat.
However, the founder of BitMEX just tweeted a direct order for WORM, pushing it to an instant high of 0.08659, which is twice the price recommended by the club at 0.0244.
What’s even more exciting is that WORM also announced that it will distribute 2.4% of the project wallet to $WORM holders, which means they can really make money while eating.
Join the club and don't miss out on this meme craze!
TOP.2
EYE is the currency that the club has been developing.
At the very beginning, after BAN came out of the circle, the club discovered the EYE target, which is also a collectible concept, on the chain, and regarded it as the second dragon of the collectible concept and has been holding it firmly.
Just after Binance announced the launch of BAN contracts, EYE's short-term linkage increase was 400%, quadrupled, and directly went to zero.
Join the club and ambush more doubling memes!
TOP.3
Driven by PNUT, the entire meme sector has seen an increase. Since the raccoon coin FRED was first deployed at a price of 0.04, it has now risen to 0.26, a nearly 6-fold increase; similarly, the eye coin EYE, which was 0.0004, has soared to 0.0062, an 18-fold increase; BAN has risen from the prompt position of 0.041 to 0.21, also a nearly 6-fold return. Hot projects are performing steadily, and the opportunity for continued profitability should not be missed!
TOP.4
The most eye-catching one today is the squirrel coin PNUT mentioned by Lao Ma, which has nearly doubled in price. At the same time, Fred, another pet of the squirrel owner, also entered the market at around 0.04 after research, and its current market value is close to 1 billion US dollars.
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