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$200 Billion Exits Crypto Space as Markets Plunge to Support

Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering on longer-term support levels, and a fall below $3 trillion will see these levels broken and a potential end to the bull market. $1B in Liquidations Coinglass reported that more than 314,000 traders have been liquidated over the past 24 hours to the tune of almost a billion dollars. Over 90% of the liquidations were in long positions and the largest single liquidation order happened on BitMEX with $10 million worth of Bitcoin. Bitcoin dumped more than 5% in a matter of hours, falling from $96,000 to $91,000, its lowest level since mid-January. At the time of writing it appeared to have found support there and reclaimed $91,500 during the Tuesday morning Asian trading session. Ethereum lost around 10%, falling back below $2,500. However, it is showing little signs of a recovery bounce . The Altcoins have been obliterated with double-digit losses for Solana (SOL), which is now down more than 50% in a little over a month following the meme coin bubble bursting. Chainlink (LINK), Avalanche (Avax), Sui (SUI), and Hyperliquid (HYPE) were also in double-digit losses this morning. Analysts are generally unfazed, having seen this market behavior many times before. Prepare for both scenarios, well in advance. If you’re caught by this move, feeling unsure about what to do, it means you didn’t have a plan. Low $90ks is the first leg of my plan, and the air-pocket below $86k is the second. Higher eventually, have a plan for that too. — _Checkmate (@_Checkmatey_) February 25, 2025 Fear and Greed The Bitcoin Fear & Greed Index has plunged to its lowest level since September, hitting “extreme fear” at 25 on Tuesday, following neutral readings for the past week or so. On the upside, there have been several similar market meltdowns in recent months, including a 7.5% crash on Dec. 9, a 10% meltdown on Dec. 19, a 7.5% slump on Jan. 7, and an 8% dump on Feb. 2, which markets never recovered from. Macro investor Raoul Pal pointed out that these massive pullbacks have happened in previous cycles and are perfectly normal. You guys all need to learn patience… This was 2017. Very similar macro structure: 5 x 28%+ pullbacks in BTC Most lasted 2 to 3 months before a new high Alts saw 65% corrections. All were noise. Go do something else more constructive than stare at the screen. pic.twitter.com/jGyiOgKlYE — Raoul Pal (@RaoulGMI) February 24, 2025 The post $200 Billion Exits Crypto Space as Markets Plunge to Support appeared first on CryptoPotato . CoinDesk

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SOLANA and XRP Are Running—Is MAGACOINOFFICIAL.COM the Next Big Crypto Contender?

Crypto Investors Are Searching for the Next Big Opportunity With XRP and Solana (SOL) making major moves, crypto investors are now asking: Which coin will be the next big contender? While XRP dominates in payments and Solana powers high-speed blockchain applications, MAGACOINOFFICIAL.COM is emerging as a serious competitor, already raising over $2 million in presale. With limited supply, growing investor interest, MAGACOINOFFICIAL.COM is positioning itself as one of the best early-stage opportunities for 2025. Could this be the next 50,000% crypto breakout? LIMITED-TIME OFFER: GET 50% EXTRA BONUS WITH CODE “MAGA50X”! Why MAGACOINOFFICIAL.COM Is Gaining Massive Attention Presale Already a Huge Success – Over $2 million raised, proving high investor confidence. Massive Growth Potential – Analysts predict this could be one of the top-performing cryptos of 2025. Early Investor Advantage – Available only at MAGACOINOFFICIAL.COM , ensuring that early buyers get in before the price jumps. CLICK HERE TO GET 50% EXTRA BONUS – USE PROMO CODE MAGA50X – LIMITED TIME! How Do Other Cryptos Compare? Polygon (MATIC): A Layer-2 scaling solution reducing Ethereum gas fees and improving transaction speed. Chainlink (LINK): The leading oracle provider, connecting smart contracts with real-world data. Polkadot (DOT): Built for cross-chain interoperability, making it a strong multi-chain solution. Uniswap (UNI): A decentralized exchange powering seamless token swaps on Ethereum. PRESALE SPOTS ARE SELLING OUT FAST – CLICK HERE TO BUY NOW! Why Investors Are Focusing on MAGACOINOFFICIAL.COM While MATIC, LINK, DOT, and UNI are solid projects, early-stage cryptos always offer the highest return potential. MAGACOINOFFICIAL.COM is still in presale, meaning the biggest price gains are still ahead. ACT FAST! USE PROMO CODE MAGA50X NOW AND CLAIM YOUR 50% EXTRA BONUS! Final Call—Get In Before It’s Too Late! With millions already raised and presale tokens selling out quickly, the opportunity to buy at ground-floor prices is closing fast. Now is the time to act before prices surge on exchanges! DON’T MISS OUT – CLAIM YOUR 50% BONUS NOW AT MAGACOINOFFICIAL.COM WITH CODE “MAGA50X” ! Website: MAGACOINOFFICIAL.COM X/Twitter: https://x.com/officialMAGAx Continue Reading: SOLANA and XRP Are Running—Is MAGACOINOFFICIAL.COM the Next Big Crypto Contender? CoinDesk