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    Home»Cryptocurrency»Bitcoin (BTC) Consolidates at $97K, Official Trump (TRUMP) and Other Meme Coins Bleed Out Heavily (Weekend Watch)
    Cryptocurrency

    Bitcoin (BTC) Consolidates at $97K, Official Trump (TRUMP) and Other Meme Coins Bleed Out Heavily (Weekend Watch)

    Team_SimonCryptoBy Team_SimonCryptoFebruary 16, 2025No Comments3 Mins Read
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    The final 24 hours have been comparatively quiet for Bitcoin (BTC) and a few of the large-cap altcoins. The first cryptocurrency has proven very slight volatility, buying and selling at virtually the identical stage noticed yesterday (February 15).

    Such is the case with a lot of its largest rivals, together with Ethereum (ETH), Ripple (XRP), Solana (SOL), and extra. Then again, the meme coin sector has suffered substantial losses, with Official Trump (TRUMP) being among the many worst-affected property.

    BTC Barely Strikes

    The final enterprise week has been somewhat turbulent for BTC, with its value fluctuating between below $95,000 and virtually $99,000.

    Some of the components that contributed to the improved volatility embrace Donald Trump’s intention to implement extra tariffs on sure shares getting into the USA and the most recent CPI knowledge released by the US Bureau of Labor Statistics.

    Nevertheless, the weekend has been calm thus far. BTC settled at round $97,500 on February 15 and within the following hours it consolidated at that stage. This represents a mere 0.5% on a weekly scale.

    BTC Worth, Supply: CoinMarketCap

    The asset’s market capitalization stays unchanged at $1.93 trillion, whereas its dominance towards the choice cash stays barely elevated to 59.8% (per CoinMarketCap’s knowledge).

    How are the Alts Doing?

    The general consolidation of the crypto market has unfold to a number of the hottest altcoins. Ethereum (ETH) has stabilized at roughly $2,700, Ripple (XRP) continues to commerce across the $2.80 mark, whereas Solana (SOL) hovers at roughly $195. 

    Nonetheless, there are some charting strong features. Litecoin (LTC) has pumped by 4% within the final 24 hours to a month-to-month excessive of over $135, whereas TRON (TRX) has climbed by 2.5% for that timeframe. 

    Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Hedera (HBAR), Hyperliquid (HYPE), and others have suffered minor declines.

    In the meantime, the meme coin area of interest is roofed in pink as we speak. Official Trump (TRUMP) – the token launched by US President Donald Trump – has plummeted by 10% to the present $18.60. Dogecoin (DOGE), Shiba Inu (SHIB), Bonk Inu (BONK), dogwifhat (WIF), and plenty of extra have additionally skilled losses. 

    The overall cryptocurrency market capitalization at present stands at roughly $3.23 trillion, representing a 0.18% lower for the day.

    Cryptocurrency Market Overview, Source: QuantifyCrypto
    Cryptocurrency Market Overview, Supply: QuantifyCrypto

     

     

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    Disclaimer: Data discovered on CryptoPotato is these of writers quoted. It doesn’t symbolize the opinions of CryptoPotato on whether or not to purchase, promote, or maintain any investments. You’re suggested to conduct your personal analysis earlier than making any funding selections. Use supplied info at your personal danger. See Disclaimer for extra info.

    Cryptocurrency charts by TradingView.



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