Cryptocurrency Market Crash: BTC, ETH, SOL Prices Drop as Altcoin Holders Turn to New Minotaurus

Cryptocurrency Collapse: Bitcoin falls below $96,000, while Ethereum reaches $3.4,000. Minotaurus (MTAUR) presale exceeds $931,868 with $100,000 in incentives!

The cryptocurrency market faced a sharp decline as major currencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) recorded notable price declines. Amid the sell-off, buyers are turning their attention to emerging altcoins like Minotaurus (MTAUR), which has attracted significant interest due to its low entry price, structured incentives, and potential to rally within the Web3 gaming space.

Bitcoin slides below $96,000 amid market turmoil

Bitcoin, the largest cryptocurrency by market capitalization, fell below US$96,000 after reaching a recent peak of over US$108,000. This decline came after the Federal Reserve announced a conservative approach towards future interest rate cuts, which shook financial markets. Over $661 million worth of long positions were liquidated in the past 24 hours, with Bitcoin accounting for $110 million of the total.

Despite the economic downturn, Bitcoin remains a focal point for institutional buyers. The introduction of Bitcoin exchange-traded funds (ETFs) has added optimism to the market, with significant inflows supporting Bitcoin’s long-term outlook. Analysts expected The 100,000 USDT level will act as a major support area, while resistance near 108,000 USDT could test Bitcoin’s recovery potential.

source X

Ethereum price fell to 3,400 USDT as bearish pressure mounts

Ethereum saw a sharp decline, falling to 3,400 USDT after its recent peak of 4,090 USDT. The pullback has validated a bearish double top pattern on the Ethereum daily chart, indicating further potential losses if buyers fail to reclaim key resistance levels. Analysts male That Ethereum price may drop to 3,000 USDT before seeing a recovery

source X.

Despite the market decline, Ethereum continues to show strong network activity and institutional adoption. There are currently over 54.7 million ETH, supported by 206,000 unique stakeholders. Additionally, Ethereum ETFs maintained their inflows, with their holdings exceeding $2.46 billion, reflecting growing interest among buyers.

Solana price drops to $206 as buyers look for alternative opportunities

Solana (SOL) is down 5% in the last 24 hours, trading at $206. The symbol is currently moving in a downward channel pattern with analysts suggestion Further decline if the psychological level of 200 USDT is breached. However, technical indicators show that an upward breakout could push SOL towards resistance levels at $250 or higher.

source X

Although SOL has faced short-term challenges, its ecosystem remains strong, with notable growth in decentralized finance (DeFi) and non-fungible tokens (NFTs). The number of developers on the Solana network rose by 83% in 2024, indicating continued interest in its long-term potential.

Minotaurus (MTAUR) Traction with unique incentive program

As major cryptocurrencies face turmoil, buyers are increasingly turning to them Minotaur (MTAUR)a token focused on Web3 games currently in pre-sale. The pre-sale has already garnered over $931,868, with the MTAUR price at $0.0000811. The list price is set at 0.0002 USDT, offering a potential upside of 146%.

Minotaurus has attracted attention with its structured incentive program, which includes a Total prize pool of 100,000 USDT. Among the incentives, one lucky participant will win the grand prize of US$50,000, while 100 buyers will share the remaining incentives. Security audits conducted by SolidProof and Consult have strengthened confidence in the project.

MTAUR aims to provide utility within its gaming ecosystem by enabling owners to access exclusive features and participate in battles. With the growing demand for Web3 gaming tokens, MTAUR is positioning itself as a promising competitor in the blockchain space.

Website: http://minotaurus.io/
Advertisements: https://t.me/minotaurus_official
conversation: https://t.me/minotaurus_chat
twitter: https://twitter.com/minotaurus_io

This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.