Crypto Prices Today (February 25): The broader market motion set off extreme investor considerations on Tuesday, showcasing an alarmingly slumping trajectory. Bitcoin (BTC) worth hit a $90K low up to now 24 hours, whereas Ethereum (ETH) slipped beneath $2,500. XRP and Solana costs tanked 8%-13% intraday, mimicking the broader market pattern. This waning motion primarily aligns with Donald Trump’s latest tariff announcement for Canada & Mexico and big liquidations.
Crypto Prices Today: Here’s Why BTC & Altcoins Were Down
Notably, Donald Trump not too long ago acknowledged that U.S. import tariffs on Canada and Mexico ‘will go forward’ following a 30-day halt put earlier. As per latest stories, the halt is about to run out as quickly as subsequent week. In gentle of this macroeconomic improvement, international markets are taking warmth amid commerce battle speculations.
Simultaneously, the cryptocurrency market lost almost 5% amid this improvement, with the market slipping beneath the $3 trillion mark throughout early Asian hours on Tuesday. Further, the market additionally recorded a whopping $887.85 million liquidated up to now 24 hours. In flip, BTC & main altcoins reacted concerningly bearish to those broader tendencies.
Bitcoin Hits $90K Low Intraday As Crypto Prices Face Heat
Although BTC worth rested at $92,152 as of press time, CoinMarketCap’s knowledge highlighted a $90,924.90 backside for the token intraday. This alarming worth drop comes in opposition to the backdrop of $271.69 million price of liquidations for the coin up to now 24 hours. Despite its worth dip, BTC’s dominance was up by 0.94% to 61.16%, signaling extra warmth inside the altcoins sector.
ETH Loses $2,500
ETH worth witnessed an 8% crash up to now 24 hours and closed in at $2,490. The coin hit a backside and peak of $2,461.52 and $2,735.15 up to now 24 hours. Ethereum’s waning motion displays $192.53 million liquidated within the
previous 24 hours, per Coinglass data. The second largest crypto by market cap noticed its dominance slipping again to 10.1% right this moment.
XRP Price Loses 8%
XRP worth plunged 8.5% over the previous day and exchanged arms at $2.26. The Ripple-backed asset hit an intraday high and low of $2.23 and $2.50, respectively. XRP recorded $38.25 million price of liquidations up to now 24 hours, rationalizing the value fall.
Solana Price Crashes 14%
Meanwhile, SOL price cracked by 14% as of press time, remaining at $137.19. The coin hit a backside and peak of $136.88 and $161.61, respectively. Solana slumped as $90.60 million was liquidated within the background, bringing warmth to its worth.
Meme Crypto Prices Today
Dogecoin (DOGE) witnessed a ten% dip in worth right this moment, closing in at $0.2077. Even Shiba Inu (SHIB) misplaced 8% to achieve $0.00001367. Other than dog-themed meme coin costs crashing, even PEPE and TRUMP misplaced 13%-15%, standing at $0.000007818 and $13.10, respectively.
Top Gainer Crypto Prices Today
Nevertheless, some tokens have defied the broader market hunch right this moment:
Story (IP)
Price: $4.72
24-Hour Gains: +20%
DeXe (DEXE)
Price: $19.11
24-Hour Gains: +4%
FTX Token (FTT)
Price: $1.91
24-Hour Gains: +1%
Top Loser Crypto Prices Today
Hyperliquid (HYPE)
Price: $18.58
24-Hour Loss: -16%
Sonic (S)
Price: $0.7257
24-Hour Loss: -15%
LidoDAO (LDO)
Price: $1.37
24-Hour Loss: -15%
Meanwhile, merchants and buyers stay cautious, reflecting uncertainty about future actions amid broader developments. It is but to be seen if costs will take additional warmth, provided that the U.S. import tariffs start subsequent week with burgeoning commerce battle speculations.
Coingape Staff
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Disclaimer: The offered content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability in your private monetary loss.
