Bitcoin Dropped to 82 Thousand Dollars: The Coins That Lost the Most Value of the Week Have Been Revealed The cryptocurrency market closed this weekend with a decline as well. With the price of Bitcoin pulling back to $81,770, investors entered a state of anxious waiting. In the altcoin market, losses became even more pronounced. Throughout the week, some tokens like PI and HYPE experienced value losses of over 20%, while significant declines were also noted in strong projects like Ethereum and XRP. Bitcoin has declined from the hope of 90 thousand to 81 thousand dollars. Last week, Bitcoin exhibited a stagnant price movement around 84 thousand dollars, maintaining a sideways trend. However, with the rise that came on Sunday evening, the price suddenly jumped to 88,474 dollars, creating a brief sense of hope among investors. While the target of 90 thousand dollars was being discussed, the market direction quickly reversed. By midweek, BTC was trying to hold in the range of 86-88 thousand dollars, but on Friday it dropped to as low as 83,700 dollars. Following this decline, selling pressure increased further within 24 hours. On Saturday evening, Bitcoin saw the lowest level in 12 days at 81,770 dollars. Although there was a slight recovery from this level back to the 83,000 dollar range, the overall picture remains weak. BTC's market value fell below 1.65 trillion dollars, while the total market dominance hovers around 59%. Severe Losses in the Altcoin Sector: KAS, PI, and HYPE Lead the Way With the decline in Bitcoin, the altcoin market has also turned red. Ethereum closed the week around $1,800 with an 8.6% loss. XRP experienced a drop of 8.7%. Despite the conclusion of the SEC lawsuit, the continuation of this decline shows investors' cautious attitude. BNB, Solana, Cardano, and other major altcoins experienced losses ranging from 2% to 4%. One of the biggest losers of the week was Kaspa, which saw a decline of 16.5% with the identifier (KAS). However, the most significant drops this week were experienced by PI and HYPE tokens. Both projects entered investors' radar by losing over 20% in a week. Despite all these negatives, there are exceptions in the market. SUI closed the week with an increase of nearly 7%, while CRO attracted attention with a rise of 31.5%. However, the overall outlook is negative. The total value of the crypto market decreased by 200 billion dollars in a week, falling below 2.8 trillion dollars. This decline may be a sign that investors will remain cautious in the short term.
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SOCIOLOGIST
· 03-31 19:14
Thank you very much for your valuable information, dear Aytaç. I sincerely wish you and your family a blessed Ramadan Feast and wish you many healthy and peaceful holidays.
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Nunu123
· 03-31 03:31
Hold on tight 💪
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Biba
· 03-30 19:50
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Rrr27377
· 03-30 19:41
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AdEmK
· 03-30 11:51
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Chishti92
· 03-30 11:45
nice information
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GateUser-68291371
· 03-30 11:42
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#BTC & ETH Market Analysis# #April Market Outlook#
Bitcoin Dropped to 82 Thousand Dollars: The Coins That Lost the Most Value of the Week Have Been Revealed
The cryptocurrency market closed this weekend with a decline as well. With the price of Bitcoin pulling back to $81,770, investors entered a state of anxious waiting. In the altcoin market, losses became even more pronounced. Throughout the week, some tokens like PI and HYPE experienced value losses of over 20%, while significant declines were also noted in strong projects like Ethereum and XRP.
Bitcoin has declined from the hope of 90 thousand to 81 thousand dollars.
Last week, Bitcoin exhibited a stagnant price movement around 84 thousand dollars, maintaining a sideways trend. However, with the rise that came on Sunday evening, the price suddenly jumped to 88,474 dollars, creating a brief sense of hope among investors. While the target of 90 thousand dollars was being discussed, the market direction quickly reversed. By midweek, BTC was trying to hold in the range of 86-88 thousand dollars, but on Friday it dropped to as low as 83,700 dollars.
Following this decline, selling pressure increased further within 24 hours. On Saturday evening, Bitcoin saw the lowest level in 12 days at 81,770 dollars. Although there was a slight recovery from this level back to the 83,000 dollar range, the overall picture remains weak. BTC's market value fell below 1.65 trillion dollars, while the total market dominance hovers around 59%.
Severe Losses in the Altcoin Sector: KAS, PI, and HYPE Lead the Way
With the decline in Bitcoin, the altcoin market has also turned red. Ethereum closed the week around $1,800 with an 8.6% loss. XRP experienced a drop of 8.7%. Despite the conclusion of the SEC lawsuit, the continuation of this decline shows investors' cautious attitude.
BNB, Solana, Cardano, and other major altcoins experienced losses ranging from 2% to 4%. One of the biggest losers of the week was Kaspa, which saw a decline of 16.5% with the identifier (KAS). However, the most significant drops this week were experienced by PI and HYPE tokens. Both projects entered investors' radar by losing over 20% in a week. Despite all these negatives, there are exceptions in the market. SUI closed the week with an increase of nearly 7%, while CRO attracted attention with a rise of 31.5%. However, the overall outlook is negative. The total value of the crypto market decreased by 200 billion dollars in a week, falling below 2.8 trillion dollars. This decline may be a sign that investors will remain cautious in the short term.