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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Memecoins – American Wrap 25 February

Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Memecoins – American Wrap 25 February
FXStreet TeamFXStreet TeamFXStreet

Crypto market turns risk-off: Where are Bitcoin and meme coins headed?

Bitcoin (BTC) traders faced over $746 million in liquidations in the past 24 hours, according to Coinglass data. Meme coins led the market crash last week, with developments surrounding LIBRA and MELANIA and the $1.4 billion Bybit hack, where stolen funds were laundered through Solana meme coins.

Bitcoin

Crypto bloodbath: $325 billion market cap vanishes amid selling pressure

The Kobeissi Letter reports on Tuesday a $325 billion wipeout in the crypto market capitalization since Friday. Additionally, Bloomberg reports that Citadel Securities is exploring a role as a Bitcoin and crypto liquidity provider. Amid the turmoil, former FTX CEO Sam Bankman-Fried reemerged, expressing “sympathy for government employees.”

Crypto total market capitalization chart. Source: Kobeissi Letter

Bitcoin breaks down after weeks of consolidation – What’s going on?

Bitcoin has broken out of its familiar trading range for the past three weeks, sinking to its lowest level in three months. Renewed global trade tensions and a hack at a major cryptocurrency exchange have unnerved investors, triggering a sell-off, resulting in $1.33 billion in long liquidations over the past 24 hours. 

BTC

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple and Stellar outlook: Stay under pressure as cautious sentiment builds

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Crypto Market Overview: Bitcoin loses softer CPI gains – Virtuals Protocol, OKB rise

Crypto Market Overview: Bitcoin loses softer CPI gains – Virtuals Protocol, OKB rise

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Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

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Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin shows early signs of bottom despite lingering market stress

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Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

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