Bitcoin falls below 95K! SOL, DOGE, and LINK fell by 35% in 30 days

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ABMedia
02-24
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  1. Broad Decline: Most major Altcoins have shown a downward trend in the past 24 hours, 7 days, and 30 days, indicating that the market is generally in a correction or downward phase.

  2. BTC and ETH:

    • BTC is currently priced at $94,799.44, down 9.34% in the past 30 days, with relatively smaller declines in the short term (24 hours, 7 days), indicating that the market still has some support for BTC.
    • ETH has declined 19.68% in the past 30 days, showing greater selling pressure.
  3. Altcoins Perform Weaker:

    • Solana (SOL) and Dogecoin (DOGE) have declined 37.69% and 35.36% respectively in the past 30 days, being among the largest declines, indicating that the market has greater selling pressure on higher-risk tokens.
    • Chainlink (LINK), Cardano (ADA), and XRP have also declined over 20%, indicating that the market generally holds a pessimistic attitude towards Altcoins.
  4. Only Increasing Coin:

    • TRON (TRX) is the only coin that has shown positive growth in the past 24 hours and 7 days (1.37% and 0.35%), which may be related to the project's own development dynamics or the market's demand for risk aversion, but it still declined 3.47% in 30 days.

Risk Warning

Cryptocurrency investment is highly risky, and its price may fluctuate dramatically, and you may lose your entire principal. Please carefully evaluate the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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