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The cryptocurrency market has faced a significant price correction today, Tuesday, Feb. 25. Bitcoin (BTC) has dipped to the $87,000 price point. BTC last traded at this level in November 2024. The global crypto market cap has fallen 10.1% in the last 24 hours to $2.98 trillion. Ripple’s XRP token follows the market correction as well. XRP’s price has dipped 12.3% in the daily charts, 17.2% in the weekly charts, 13.7% in the 14-day charts, and 31.1% over the previous month. Despite the massive correction, XRP has rallied 292.9% since February 2024. Also Read: DeepSeek’s Stock Propelled To 5-Year High as Investors Exit Indian Market Source: CoinGecko Cryptocurrency Market Faces Major Hurdles Image Source: Watcher Guru The crypto market has faced substantial barriers over the last few days. The Bybit exchange hack last Friday was the most significant attack on the industry. The exchange lost about $1.4 billion worth of crypto assets. Ripple’s XRP token and other assets to...

The cryptocurrency market seems to be recovering from its recent dip. Bitcoin (BTC), the leading crypto asset, has reclaimed the $99,000 mark after its recent descent to sub-$92,000 levels. The global crypto market cap has also climbed 1.5% in the last 24 hours to $3.64 trillion. Also Read: AMD Stock Target Falls, Is AMD Out of the AI Race in 2025? Bitcoin’s Price Movements Source: Watcher Guru BTC has risen 2.4% in the daily charts, 5.3% in the weekly charts, 4.1% in the 14-day charts, and 132.5% since January 2024. Despite the rally, the asset is down 6.7% over the previous month. Source: CoinGecko Why Is The Asset Rallying? Source: Watcher Guru BTC’s latest rally could be due to rising investor sentiment. Investors may be betting on a market-wide rally after US President-elect Donald Trump assumes office. Trump will be inaugurated into office on Jan. 20, 2025. Also Read: Stellar (XLM) Cryptocurrency Breaks Out: 30% Surge Incoming? Bitcoin (BTC) fell below $92,000 earlier ...

Bitcoin plunged after US Federal Reserve Chair Jerome Powell said the central bank will be “cautious” on rate cuts in coming months, but bounced back above $100K even as meme coins plummeted. Following the Fed’s announcement of a 0.25% interest rate cut on Dec. 18, BTC briefly dipped below six figures as Powell said the central bank will likely slow monetary easing in the coming months, a more cautious stance that spooked digital asset investors. While  BTC dropped to a low of $98,792.67 in the last 24 hours, m eme coins plummeted more than 8% with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all suffering steep declines. Bitcoin is trading down 2.4% at $101,738 as of 4:14 a.m. EST. Meme Coin Bloodbath Sees Leaders DOGE, SHIB, PEPE And BONK All Plunge The overall crypto market tumbled more than 3% to a market cap of $3.52 trillion. Meme coins felt the brunt of the sell off in the digital asset space . Canine-themed Dogecoin (DOGE) and Shiba Inu (SHIB)...

The cryptocurrency market is undergoing another dip, with Bitcoin (BTC) falling below $57,000. The global crypto market cap, on the other hand, has fallen by 4.6% in the last 24 hours to $2.08 trillion. September has historically been a bearish month for the crypto sector. The trend seems to be intact this year as well. Also Read: Can Dogecoin (DOGE) Rise To $1 in 2024? Current Market Trends and Predictions Source: CoinGecko BTC’s Recent Performance BTC is currently down 3.8% in the daily charts, 4.3% in the weekly charts, and 4.5% in the 14-day charts. However, the largest crypto by market cap has maintained gains in the monthly chart, rallying 7.4% in the last 30 days. Why Is The Crypto Market Dipping? The latest market dip is surprising. The Federal Reserve recently announced an interest rate cut in September. Rate cuts usually lead to riskier investments from market participants. September is also usually a bearish month for Bitcoin and the crypto market and may have led to investo...

XRP is currently one of the most trending cryptocurrencies to keep an eye on. The token is finally out of SEC’s harsh scrutiny and is busy carving its own independent price path. XRP is moving in sync with the market but is still basking under bearish waters. In such a scenario, investor sentiment is showing dubious signs as they contemplate whether to hold or sell their XRP. Here’s what the Finders panel says about XRP’s future price. Also Read: Shiba Inu: Should You Hold Or Sell Your SHIB? Finder Panel Predicts Ripple To Surge Higher In The Near Future The bearish consolidatory phase of XRP is currently perplexing investors. Despite Ripple’s meteoric win against the US SEC, XRP cannot break past the critical price barrier of $0.60. At present the token is sitting at $0.54, down 1.57% in the last 24 hours. According to notable finders experts, XRP is all set to close this year on a mildly bullish price hike. The experts predict XRP will hit $0.66 by the end of 2024. Similarly, th...