$150 Billion Wiped Out From Crypto Markets as Bitcoin Drops Below $117K: Market Watch
2025-07-15 10:41:25
Main Idea
Bitcoin and altcoins experienced significant price fluctuations, with BTC reaching new all-time highs before retreating, while altcoins also saw substantial declines.
Key Points
1. Bitcoin (BTC) surged past $123,000, setting a new all-time high, but later fell below $117,000, losing roughly $15,000 in value.
2. Altcoins like DOGE, BCH, SOL, SHIB, CRO, and APT saw substantial price declines, with some losing up to 7%.
3. BTC's market cap retreated to $2.320 trillion, and its dominance over altcoins stood at 62.1%.
4. Ethereum (ETH) dropped below $3,000, and XRP fell to $2.9, both experiencing around a 2% daily decline.
5. The total crypto market cap decreased by approximately $150 billion from its peak, falling below $3.750 trillion.
Description
After several consecutive days of almost constant gains and a $15,000 run higher, bitcoin has finally started to correct and has dropped by over six grand since yesterday’s all-time high. The altcoins have followed suit, with substantial price declines from the likes of DOGE, BCH, SOL, SHIB, CRO, APT, and many others. BTC Slips Below $117K What a week it has been in the cryptocurrency world. Less than seven days ago, bitcoin’s price was stuck between $105,000 and $110,000 with little to no fluct...
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