Market Update

Crypto Market News Update: Why does Bitcoin and Top Altcoins flow today?

The encryption market has declined by 1.50 % in the past 24 hours, as it has been withdrawn down due to the negative ETF flows and the unveiled Coin Meme scandal, which nourishes the declining momentum.

In addition to the pressure, send the RESERVE increasing stance of the Federal Reserve the higher coins that are submerged to the lowest fresh local levels.

A wave of negative encryption news that rocked the headlines on Monday and early on Tuesday, February 18th, was terrified of investors and caused sale pressure to most coins.

As a result, the Crypto market roof has lost approximately 2 % of its value in the past 24 hours to settle a 30 -day decrease of $ 3.17 trillion.

Many losses may be attributed to the withdrawal suffered by higher currencies during this period.

Solana led the coding stagnation After its collapse by more than 10 % to its lowest level of $ 168 – the last time it was seen in early November 2024. Dogecoin led the fall of coins after losing 5 % to the lowest level of the day at $ 0.24.

Bitcoin also slipped more than 1 % for today, From the highest levels of $ 97,000 To its lowest level in the day 95111 dollars. However, the most destructive effect on today’s decline will be felt by Ethereum, who lost nearly 3 %.

Note that although the loss may seem minimal, it is important because it pulled it from the top of 2850 dollars to Less resistance level 2700 dollars It has a period close to a week to expand its scope.

Why Bitcoin and Top Altcoins below today?

The collapse of the encryption that is seen today may be attributed to three main reasons. First, the news that the Global Crypto ETFS witnessed the first full week of external flows, which exceeds $ 415 million, for the first time in 2025.

Second, it should be noted that CPI data came up above expected,, Which is associated with the position of the FBI, has eased any hopes of multiple price discounts this year.

Therefore, analysts tell that the investor’s interest will likely turn towards less dangerous investments, especially when you think that the market is still reeling from the bear crisis caused by the implementation of the Trump tariff.

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