NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Crypto Market Wrap: $3 Billion Lost as Friday Dump Accelerates

Martin Young
Martin Young
6 years ago
2 mins read
bearish chart

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Market Wrap

Crypto markets in selloff this Friday, XRP dumping recent gains, Tron and Stellar falling, NEM collapsing.

As expected crypto markets are starting to fall back again as we end the week. Strong down trend lines cannot be broken and the majority of crypto assets are retreating once again as total market capitalization drops back to $112 billion.

Bitcoin hit its resistance at $3,500 once again as its intraday high but bounced off it pretty quickly falling back to a low of $3,440 where it currently trades. The decline equates to a loss of 1.5% on the day and BTC is looking bearish and likely to extend losses down to $3,200.

A weakened Ethereum has dropped 3.5% over the past 24 hours as it falls back to $105. Double digit ETH prices are looking imminent once again and it is only $20 away from its lowest level for 18 months. XRP has fallen further following its pump during the week. A 7% dump on the day decreases the gap back to $1.4 billion as XRP wipes out yesterday’s gains.

The top ten is a sea of red during Asian trading today as the Friday selloff accelerates. Tron and Stellar are shedding 6% at the time of writing with Bitcoin Cash close behind dumping 5%. Market caps are dwindling again as altcoins lose all recent gains.

More pain can be seen in the top twenty, aside from Binance Coin which is the only one in the green right now. BNB has made 2.3% on the day currently trading at $6.3 it was one of only three altcoins in the top twenty to make a gain during January. Cardano and Iota are dropping 5% while NEM gets smashed 14% as yesterday’s news of possible bankruptcy circulates.

There are no big fomo pumps going on at the moment, no cryptos in the top ten are trading in double digits. ODEM is the best performer at the time of writing though with an 8% gain on the day. There are two other altcoins joining XEM on double digit dumps today; Pundi X and Zilliqa both dropping 10%.

Total market capitalization has declined again as predicted. Another $3 billion has been dumped as markets retract by 2.8% back to $112 billion. Since last Friday markets have lost 6.3% and further declines are expected, which may come over the weekend. Bitcoin dominance is back up to 53.6% but it too is looking weak at the moment.

Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals

Tweet123Share196ShareSend
Martin Young
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana (SOL) sta entrando in una fase cruciale dopo aver registrato un rialzo di oltre il 40% dall’inizio di agosto,...

clararosati 2 hours ago
Dogecoin price news

Dogecoin Adam And Eve Pattern Teases Explosive Breakout: Here’s The Price Target

The 12-hour Dogecoin chart shared by the analyst Cantonese Cat (@cantonmeow) maps a textbook Adam and Eve double-bottom that has...

Jake Simmons 2 hours ago
PredictIt Wins CFTC Approval & Eyes October Launch – Find the Best Crypto to Buy Ahead of Time

PredictIt Wins CFTC Approval & Eyes October Launch – Find the Best Crypto to Buy Ahead of Time

Following years of legal battles, PredictIt is finally approved by the US Commodity Futures Trading Commission (CFTC). Now, the online...

Aaron Walker 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

Tokenized Stocks Could Be Coming To NASDAQ, Will XRP Benefit From This?

Scott Matherson 12 minutes ago
Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Aaron Walker 26 minutes ago
SUI

SUI At A Crossroads, Can It Break $3.52 And Ignite The Next Surge?

Godspower Owie 1 hour ago

Premium Sponsors

Press Releases

  • Prvá ťažiarska meme minca na zárobok PepeNode získala 900 000 USD v predpredaji – do konca fázy financovania zostáva 7 hodín

    Prvá ťažiarska meme minca na zárobok PepeNode získala...

    10 minutes ago
  • ドージコイン 今後の価格予測:投資家はまだ億り人になれるのか?

    ドージコイン...

    18 minutes ago
  • リップル 今後の価格予測:XRP ETF承認は間近か

    リップル 今後の価格予測:XRP...

    40 minutes ago
  • 利下げ後にビットコイン急騰か?仮想通貨プレセールで1,500万ドル調達の新プロジェクトが示す可能性

    ...

    58 minutes ago
  • 仮想通貨おすすめ:リップル(XRP)やカルダノ(ADA)より先に10ドル到達が期待される3つの銘柄で300ドルを3万ドルに

    ...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.