As Bitcoin price dropped to $96,000, there were horrific declines in the altcoin market.
$BTC , which recently hit $108,000 and renewed its all-time high, made cryptocurrency investors happy. However, the price later dropped to $96,000 due to the massive sell-off that followed. However, $ETH , which dropped to $3,300, destroyed altcoins.
1- Ethena (ENA)
$ENA , one of the stars of the Ethereum ecosystem, has lost 16 percent of its value in the past 24 hours. The recent purchase of ENA by World Liberty, backed by the Trump family, had given hope. However, this decline is starting to worry investors.
2- Virtual Protocol
#VIRTUAL , the architect of the AI agent trend, has seen its value drop by 15 percent in the past 24 hours. The fall from grace of the AI agent craze and the unexpected comeback in BTC have dealt a blow to the popular altcoin.
3- BEAM
#BEAM , which is considered one of the potential projects for the upcoming bull season, has lost 14 percent of its value in the past 24 hours. The popular altcoin, which has fallen to the $0.025 range, may face further declines if it cannot maintain this level.
4- Lido Dow (LDO)
#LDO , the token of the Ethereum cryptocurrency storage platform Lido DAO, has fallen by 13 percent in the past 24 hours. LDO, which is under selling pressure due to the weak outlook in ETH, may continue to decline for some time.
5- Phantom (FTM)
#FTM , which was renamed a few days ago, has fallen 12 percent in the past 24 hours. Although Phantom attracted attention by moving to the Sonic network, the network’s poor performance and the sharp decline in the market brought selling pressure.
Disclaimer: Contains third party opinions. Not financial advice. May contain sponsored content. See terms and conditions.
