DOGE, SOL, XRP and ADA Tumble as Bitcoin Price Falls Back Into $97K Range
- Bitcoin and major cryptocurrencies are losing momentum, with significant declines across the board, including a 22% drop for Worldcoin.
- Memecoins like Popcat and Peanut the Squirrel also faced sharp declines of around 20%.
- Despite less severe losses, Bitcoin remains below US$100k, trading at US$97,484; Ethereum is down 7%.
- Large Bitcoin outflows from Coinbase indicate strong institutional demand, while Bitfinex notes market stabilisation signs.
Bitcoin and most major crypto assets are struggling to keep momentum up, as several of them are in the red. Some coins have crashed by 20% and more, Worldcoin (WLD) for example is down 22% in the past 24 hours, closely followed by Monero (XMR) with 21%.
