Crypto Market Crash Sends Bitcoin Price Under $80K, Altcoins Crash Harder

Quick Summary:

Bitcoin price took a dip under $80,000 earlier today in yet another crypto market crash while top altcoins like Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE) corrected 8% each in this market fall.

There’s an absolute bloodbath on the Satoshi Street with BTC and other digital assets extending weekly losses to more than 20-25%.

Crypto analyst Justin Bennett suggests that Bitcoin may be on track to close the $77,360 CME gap from November, potentially aligning with the September 2023 trendline.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaCanadaMexico

Topics: 24/7 Cryptocurrency News Bitcoin (BTC) Price Altcoins crash Bitcoin vs gold Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 05:27:03 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 45 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26503073

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