The crypto market has been on a rollercoaster over the past 24 hours, with major coins experiencing significant swings. Bitcoin's sharp decline triggered a broader market dip, but some assets, like BNB, managed to hold steady. Let’s break down what’s happening.

Bitcoin $BTC – Struggling to Hold Ground

  • Current Price: $88,808

  • 24H Change: -3.55%

  • High: $92,319

  • Low: $86,015

Bitcoin’s drop below $90K was expected after repeated rejections at $94K. Once key support at $91K failed, panic selling and liquidations kicked in. If bulls don’t reclaim this level soon, we could see BTC testing $85K or lower.


Ethereum $ETH

– Showing Some Stability

  • Current Price: $2,488

  • 24H Change: -0.29%

  • High: $2,530

  • Low: $2,336

ETH has been relatively stable despite Bitcoin’s drop. As long as it stays above $2,400, buyers have a chance to push it back toward $2,600. A break below $2,350, however, could bring more downside.


$BNB

(Binance Coin) – Defying the Trend

  • Current Price: $629.71

  • 24H Change: +3.72%

  • High: $630.75

  • Low: $586.30

BNB held strong, likely due to Binance’s growing ecosystem and increased adoption. As long as it remains above $600, it has the potential to climb toward $650.


Other Notable Movers

  • Solana (SOL): $143.27 (+2.73%) – Strong buy interest, possible push to $150.

  • XRP: $2.31 (+0.87%) – Consolidating but could make a big move soon.

  • DOGE: $0.211 (+0.42%) – Small gains but no major momentum yet.

Why Did the Market Dip?

Bitcoin’s Rejection at $94K

BTC failed to break past $94K multiple times, leading to sell-offs.

Liquidations & Stop Loss Triggers


As BTC dropped below key levels, leveraged traders got wiped out, accelerating the decline.

Regulatory & Macro Concerns

Uncertainty around crypto regulations, plus global market jitters, added to the selling pressure.


What’s Next?

If Bitcoin reclaims $90K, the market could recover. But if it falls below $85K, we might see more pain ahead. Keep an eye on support levels and wait for confirmation before making moves.


Crypto remains highly volatile—trade carefully and manage risk wisely.