HomeNewsBitcoin Slides Below $91K; ICP Plunges 13% and XMR Drops 9% as...

Bitcoin Slides Below $91K; ICP Plunges 13% and XMR Drops 9% as Markets React amid EU spat.

-

Cryptocurrency markets fell sharply on Tuesday as new EU‑US trade tensions and developments around Greenland pushed prices lower, erasing last week’s gains and driving broad losses across major tokens. Global futures and Asian session moves triggered the drop, leaving traders reassessing positions.

Bitcoin slid below $91,000 earlier today after reaching about $98,000 last week, touching a weekly low under $91,000 and briefly trading around that level. Its market cap fell below $1.82 trillion and its dominance stood near 57.5% (Ed. note: total crypto market cap lost roughly $80 billion); see the price chart.

Alternative tokens were mostly lower, with Ethereum under $3,100 and XRP decisively below $2.00. BNB fell to about $915, SOL traded below $130, XMR dropped to roughly $580 (down over 9%), and ICP plunged about 13% to near $3.7, while CC gained over 9% above $0.12.

The total crypto market cap declined to about $3.16 trillion as losses spread across coins and tokens. A daily market snapshot is available in the market overview.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bitcoin Futures Open Interest Plummets Amidst Bearish Options, Jobs Data

Bitcoin's price struggles to hold above $72,000 as futures open interest falls to $34 billion, its lowest since November 2024. Data shows weak demand for...

Memecoin Trends May Signal Crypto Cycle Bottom & Bitcoin Rally Potential

The memecoin sector, valued at $29.51 billion, may serve as a leading indicator for broader cryptocurrency market trends. Analysis shows speculative memecoin rallies often precede...

SAND Tests Falling Wedge Support, Bullish Reversal Potential on Radar

The Sandbox (SAND) cryptocurrency is testing a critical technical pattern that analysts suggest could precede a significant price move. According to an analysis, SAND is...

Crypto PAC Spends $1.5M to Unseat Rep. Al Green in Texas Primary

The pro-crypto political action committee Protect Progress will spend $1.5 million to oppose Democratic Representative Al Green in Texas's upcoming primary election. The group, an...

Most Popular

spot_img