Bitcoin and most altcoins experienced a decline in value following recent geopolitical developments, with Bitcoin facing rejection at $71,000.
Summary
- Bitcoin and altcoins see sharp declines, while $SIREN surges 90% in 24 hours.
- Ethereum, $XRP, and Solana follow Bitcoin’s downward trend, losing significant value.
- The crypto market cap drops $200B as macroeconomic factors weigh heavily on prices.
The broader cryptocurrency market, including Ethereum, $XRP, and other major tokens, followed Bitcoin’s downward trend. Meanwhile, one altcoin, $SIREN, managed to defy the market slump with a significant surge.
Bitcoin’s price faced significant volatility this week, with a high of $76,000 on Monday after it broke above $74,000….
