Content
@
https://warpcast.com/~/channel/brypto
0 reply
0 recast
0 reaction
Contributor
@contributor
Crypto Market - 24-Hour [February 26, 2025] 1. Bitcoin Plunges to $86,000 โ Now Trading Around $88,000 ๐ The entire crypto market is painted red, dragged down by macroeconomic factors and a risk-off sentiment. ๐ Bitcoin dropped 8%, while $ETH , $XRP , and $SOL saw losses of 8-10% in a single day. ๐ Total crypto market cap fell 8% to $2.86 trillion the lowest since November 2021. 2. Key Drivers ๐ Donald Trumpโs announcement of import tariffs on Canada and Mexico sparked market panic. ๐ Cash flow dried up after the memecoin bubble burst. ๐ Last weekendโs Bybit hack sent shockwaves through the industry.
1 reply
0 recast
2 reactions
Contributor
@contributor
3. Bitcoin Solidifies Dominance ๐ BTC dominance surged from 41% (Nov 2021) to 61%, while ETHโs share shrank from 20% to 10%. ๐ Altcoins outside the top 9 are fading, with their market share dropping from 25% to just 9%. ๐ The crypto market lacks major breakthroughs, with Bitcoin continuing to cement its lead. 4. Expert Takes ๐ Binance CEO Richard Teng: Crypto reacts to macro forces like traditional assets but always has strong recovery potential. ๐ Geoffrey Kendrick (Standard Chartered): Bitcoin got caught in a sell-off wave triggered by the memecoin crash on SOL$SOL and broader risk-off vibes. ๐ Matt Hougan (Bitwise CIO): The MemeCoin bubble is over, but DeFi , stablecoins , and institutional Bitcoin adoption will drive the next growth phase.
1 reply
0 recast
0 reaction
Contributor
@contributor
5. Pressure from Derivatives & ETFs ๐ $227 million in BTC futures liquidatedโthe third-highest since September 2024. ๐ The GMCI 30 index fell 6% in 24 hours, down 26% over the past month. ๐ U.S. spot Bitcoin ETFs saw net outflows of $516 million on Feb 24, followed by a further 6% drop on Feb 25. 6. Policy Bright Spots ๐ The SEC officially ended its probes into Uniswap Labs, Coinbase , Robinhood, and Opensea. ๐ This signals a softer regulatory stance toward crypto.
0 reply
0 recast
0 reaction