{"id":17582,"date":"2025-02-22T10:04:17","date_gmt":"2025-02-22T10:04:17","guid":{"rendered":"https:\/\/cryptd.in\/crypto-markets-shed-over-100b-as-btc-slumped-to-95k-weekend-watch\/"},"modified":"2025-02-22T10:04:17","modified_gmt":"2025-02-22T10:04:17","slug":"crypto-markets-shed-over-100b-as-btc-slumped-to-95k-weekend-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ja\/crypto-markets-shed-over-100b-as-btc-slumped-to-95k-weekend-watch\/","title":{"rendered":"Crypto Markets Shed Over $100B as BTC Slumped to $95K (Weekend Watch)"},"content":{"rendered":"<p>Bitcoin\u2019s gradual price increase that lasted a few consecutive days came to an abrupt end on Friday after Bybit suffered a major hack, and BTC tumbled by over four grand in hours.<\/p>\n<p>The altcoins were also hit hard, and some of the biggest losers on a daily scale now include LTC, PEPE, AAVE, MNT, ONDO, APT, and TAO.<\/p>\n<h2>BTC Stopped at $100K<\/h2>\n<p>The primary cryptocurrency faced some enhanced volatility at the start of the business week as the bears drove it south on Monday to $95,300 and on Tuesday to just over $93,000. The latter became BTC\u2019s lowest price position since the February 3 crash when it tumbled beneath $92,000.<\/p>\n<p>However, the bulls managed to intervene at this point and didn\u2019t allow another breakdown. Just the opposite, bitcoin started to recover and went back up to $96,000 almost immediately.<\/p>\n<p>The following few days were quite positive as well, and BTC kept climbing. The culmination came on Friday after Coinbase\u2019s CEO <a href=\"https:\/\/cryptopotato.com\/coinbase-ceo-boasts-about-sec-lawsuit-dismissal-is-ripple-next\/\" data-wpel-link=\"internal\">\u524d\u8a18<\/a> the lawsuit between his company and the SEC would be dismissed by the regulator, and bitcoin jumped to a multi-week peak of $99,700.<\/p>\n<p>However, its $100,000 challenge <a href=\"https:\/\/cryptopotato.com\/btc-rejected-at-100k-after-1-5b-bybit-hack-sec-to-halt-coinbase-lawsuit-your-weekly-crypto-recap\/\" data-wpel-link=\"internal\">failed<\/a> shortly after as Bybit, one of the largest exchanges by trading volume, was hacked for a whopping $1.4 billion in ETH. The news impacted the entire market and BTC <a href=\"https:\/\/cryptopotato.com\/bybit-hack-aftermath-single-whale-liquidated-for-46m-as-btc-dumps-by-4k\/\" data-wpel-link=\"internal\">dumped<\/a> to $95,000 within hours.<\/p>\n<p>It has recovered some ground now and sits above $96,000, but it\u2019s still almost 2% down on a daily scale. Its market cap remains inches above $1.910 trillion, while its dominance over the alts on CG is close to 58%.<\/p>\n<figure aria-describedby=\"caption-attachment-384510\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-21.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"size-full wp-image-384510\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-21.png\" alt=\"BTCUSD. Source: TradingView\" width=\"1835\" height=\"819\" \/><\/a><figcaption class=\"wp-caption-text\">BTCUSD. Source: TradingView<\/figcaption><\/figure>\n<h2>Alts Retreat<\/h2>\n<p>The altcoins also went south after the Bybit news broke and are still in the red on a 24-hour scale despite some recoveries. ETH was stopped at $2,800 and is down to $2,700 now; XRP has slipped by 3%, while DOGE, ADA, TRX, LINK, XLM, LTC, and SUI have plunged by 4-5%.<\/p>\n<p>The cumulative market capitalization of all crypto assets had climbed to over $3.4 trillion yesterday but dropped by around $130 billion to its low. Now, it sits at $3.3 trillion, which is still around $100 billion less than yesterday\u2019s peak.<\/p>\n<figure aria-describedby=\"caption-attachment-384511\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-22-120246.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"size-full wp-image-384511\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-22-120246.png\" alt=\"Cryptocurrency Market Overview. Source: QuantifyCrypto\" width=\"1882\" height=\"828\" \/><\/a><figcaption class=\"wp-caption-text\">Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>\u30dd\u30b9\u30c8 <a href=\"https:\/\/cryptopotato.com\/crypto-markets-shed-over-100b-as-btc-slumped-to-95k-weekend-watch\/\" rel=\"nofollow\">Crypto Markets Shed Over $100B as BTC Slumped to $95K (Weekend Watch)<\/a> \u306b\u521d\u767b\u5834\u3057\u305f\u3002 <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">\u30af\u30ea\u30d7\u30c8\u30dd\u30c6\u30c8<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s gradual price increase that lasted a few consecutive days came to an abrupt end on Friday after Bybit suffered a major hack, and BTC tumbled by over four grand in hours. The altcoins were also hit hard, and some of the biggest losers on a daily scale now include LTC, PEPE, AAVE, MNT, ONDO, APT, and TAO. BTC Stopped at $100K The primary cryptocurrency faced some enhanced volatility at the start of the business week as the bears drove it south on Monday to $95,300 and on Tuesday to just over $93,000. The latter became BTC\u2019s lowest price position since the February 3 crash when it tumbled beneath $92,000. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Markets Shed Over $100B as BTC Slumped to $95K (Weekend Watch) - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/ja\/crypto-markets-shed-over-100b-as-btc-slumped-to-95k-weekend-watch\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Markets Shed Over $100B as BTC Slumped to $95K (Weekend Watch) - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s gradual price increase that lasted a few consecutive days came to an abrupt end on Friday after Bybit suffered a major hack, and BTC tumbled by over four grand in hours. The altcoins were also hit hard, and some of the biggest losers on a daily scale now include LTC, PEPE, AAVE, MNT, ONDO, APT, and TAO. BTC Stopped at $100K The primary cryptocurrency faced some enhanced volatility at the start of the business week as the bears drove it south on Monday to $95,300 and on Tuesday to just over $93,000. The latter became BTC\u2019s lowest price position since the February 3 crash when it tumbled beneath $92,000. 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