What’s Happening With Crypto: Bitcoin & Ethereum Price Crash!
Shrishesh Tanksalkar28 Feb 20252 min read
The crypto market crash has burnt the pockets of investors and traders by a significant extent. This has resulted in the market cap sinking by 6.15% to $2.64 trillion. The fall was mainly catalyzed by Donald Trump’s proposed tariffs and the global trade war. Amidst the turn of events, $714 Million was wiped out of the market. The ongoing concerns have led to traders monitoring Bitcoin’s CME gap between $77k and $81k, as BTC could potentially test these levels. Coming to the Fear & Greed Index, the metric is now cautioning fear with a score of 21.
Bitcoin Price Plunges to $79k
Bitcoin price has plunged by 6.40% in the past 24 hours, now changing hands at $79,898.36. This marks a significant year-to-date decline of 14.69%. However, BTC’s 24-hour trading volume has increased by 3.83% to $69.36 billion, suggesting traders buying the dip.
Read our Bitcoin Price Prediction 2025, 2026-2030, to understand BTC’s potential recovery path.
Altcoin Watch: ETH Suffers the Highest?
Ethereum is among the worst-hit altcoins, bearing a 9.52% decline to $2,112.61 in a single day. Solana and XRP have also witnessed steep corrections, dropping 8.52% and 8.47%, respectively..
For a peek into ETH price trajectory, check out our Ethereum Price Prediction 2025, 2026-2030.
Top Gainers
Despite the overall market slump, a few tokens managed to stay in the green.
- BERA: Up 3.18% to $7.74
- LEO: Up 1.49% to $9.22
Top Losers
- TAO: Down 17.15% to $301.42
- VIRTUAL: Down 16.08% to $0.9861
- STORY IP: Down 15.66% to $5.54
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FAQs
- TAO, VIRTUAL, and STORY IP have been the biggest losers, with declines exceeding 15%.
