Bitcoin Slips to $20K, Shiba Inu Soars 12% (Market Watch)

United States News News

Bitcoin Slips to $20K, Shiba Inu Soars 12% (Market Watch)
United States Latest News,United States Headlines
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Shiba Inu has taken the main stage with a massive double-digit price surge, while BTC and most alts are in the red.

After a few days of recovering some of the recent losses, bitcoin has reversed its trajectory and has dropped to around $20,000. Most of the altcoins are in the red as well today, aside from Shiba Inu and LEO, both of which have charted impressive gains.Following last week’s massacre that culminated in a new 18-month low at $17,500 on Sunday morning, the cryptocurrency started to recover some gains.

It bounced off that line rather quickly and challenged $20,000 less than a day later. It ultimately broke above that coveted line and kept climbing. As a result, BTC found itselfHowever, it failed at that point and began losing value gradually, resulting in a dip to $20,000. As of now, the asset has managed to sustain above that level and trades just over it.

Its market capitalization, though, has declined to well below $400 billion and its dominance is down to 43.3%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu (SHIB) Surpasses Tron (TRX) Amid a Blistering RallyShiba Inu (SHIB) Surpasses Tron (TRX) Amid a Blistering RallyShiba Inu (SHIB) is back above Tron (TRX) after a sudden 44% price spike
Read more »

Shiba Inu (SHIB) Surpasses Tron (TRX) Amid a Blistering RallyShiba Inu (SHIB) Surpasses Tron (TRX) Amid a Blistering RallyShiba Inu (SHIB) is back above Tron (TRX) after a sudden 44% price spike
Read more »

Bitcoin Spikes to 4-Days High, SOL, AVAX, DOT, and MATIC Soar Double-Digits (Market Watch)Bitcoin Spikes to 4-Days High, SOL, AVAX, DOT, and MATIC Soar Double-Digits (Market Watch)The crypto markets are in the green once again, with several altcoins registering notable double-digit gains. BTC stands above $21K.
Read more »

2.2 Billion SHIB Destroyed by This Amazon Burner Since November at Price 50% Higher Than Now2.2 Billion SHIB Destroyed by This Amazon Burner Since November at Price 50% Higher Than NowThis SHIB burner has been persistently destroying Shiba Inu since November last year and has started burning via Amazon recently
Read more »

More 'forced selling' ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow everMore 'forced selling' ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow everThe shocking Bitcoin withdrawals appeared as worries about BTC's extended decline below $20,000 engulfed market sentiment.
Read more »

That’s not hodling! Over 50% of Bitcoin addresses still in profitThat’s not hodling! Over 50% of Bitcoin addresses still in profitThe Bitcoin bear market has not yet cost hodlers dear enough, BTC wallet balance data suggests.
Read more »



Render Time: 2025-02-25 09:24:58