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These Altcoins Bleed Out as Bitcoin (BTC) Loses $96K Level (Market Watch)

Bitcoin’s price actions continue with underwhelming dominance as the asset fell below $96,000 after maintaining that level during the weekend. The altcoins have it worse, though, with massive daily price declines from the likes of SOL, DOGE, ADA, LINK, AVAX, and more. BTC Below $96K After the calmness felt during the previous weekend, BTC started that business week with a few consecutive price drops that saw it dump to a multi-week low of under $93,500. However, the bulls were quick to intercept the move and didn’t allow another decline. In fact, BTC recovered some ground by Wednesday and stood at around $96,000 once again. The asset went on the offensive on Thursday and Friday, especially after this positive news from Coinbase’s CEO, and tapped $99,500 for the first time in about two weeks. At this point, though, the situation changed once again after Bybit, one of the largest exchanges by volume, was hit with a $1.4 billion hack. BTC reacted immediately with a price drop of over four grand in hours to $95,000. It bounced off during the weekend and spent most of it at just over $96,000. However, Monday began with another price slip that pushed it to just under that level once again. Consequently, its market cap has declined to $1.9 trillion on CG, but its dominance over the alts in on the rise. BTCUSD. Source: TradingView Alts Bleed Out Most altcoins have turned red over the past 24 hours, as the growing BTC dominance suggests. Ethereum has dropped by 4% on a daily scale to under $2,700. XRP has declined by a similar percentage and now struggles below $2.5. Even more painful decreases are evident from Solana, Dogecoin, Cardano, Chainlink, Avalanche, Shiba Inu, and Pepe, with losses of up to 8%. HYPE is the other notable loser, with a massive slump of 11.5% to $21.5. The total crypto market cap has seen over $60 billion gone since yesterday and is down to $3.265 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post These Altcoins Bleed Out as Bitcoin (BTC) Loses $96K Level (Market Watch) appeared first on CryptoPotato . CoinTurk News

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Cryptocurrency`s New Era: BitLemons ($BLEM) Disrupts, Bitcoin Nears $100K, and TRON Gains Traction

By Chainfocus on February 24, 2025 | Market Insights The surge of innovation within the cryptocurrency sphere is shaking the very foundation of traditional sectors. BitLemons ($BLEM) emerges at the forefront, reshaping the investment landscape with its unique platform that redefines the gambling industry. An Innovative Leap into Crypto Casinos A notable force within the evolving market, BitLemons ($BLEM) is making headlines with its disruptive GambleFi protocol. By establishing a comprehensive online casino offering over 8,000 games from renowned developers like Evolution and Pragmatic, it ensures round-the-clock revenue streams. The strategic allocation of revenue distinguishes BitLemons: 30% of Gross Gaming Revenue (GGR) fuels the platform`s growth, with allocations to both token buybacks and staking incentives. Security audits by SpyWolf and SolidProof enhance its credibility. The brisk sell-out of Stage 1 in just 16 days underscores the project`s strong appeal. Bitcoin`s Path Towards a $100K Milestone In the world of cryptocurrencies, Bitcoin shines as a beacon of stability amid fluctuating markets. Now trading at $98,608, the coin is witnessing a positive momentum of 1.29%, signifying increased trust from institutional investors and reinforcing its stature as a primary digital asset. Analytical insights point to robust support levels and active trading volumes, suggesting Bitcoin’s continued growth potential and its pivotal role in the crypto economy`s progressive journey. TRON’s Ambitious Expansion Amid the crypto narrative, TRON (TRX) emerges prominently with a current price of $0.248752 and a 3.85% upward trend. Its strides in enhancing blockchain compatibility manifest its pursuit of technological progress. Projects like wrapped Bitcoin and ecosystem advancements underscore TRON`s vision for market expansion, with trading patterns indicating increasing investor trust in its sustainable growth prospects. BitLemons: A Unique Prospect for Investors While giants like Bitcoin and TRON hold sway, BitLemons ($BLEM) offers an unprecedented chance for early investors seeking diverse opportunities. With its structured presale beginning at $0.01 and escalating through three stages, culminating in a target price of $0.17–$0.18, it invites strategic investors. The rapid sell-out of Stage 1 and subsequent momentum in Stage 2 reflects the accelerating interest in the project. With increasing excitement and an imminent stage transition, investors are prompted to seize this promising GambleFi venture of 2025. Could you afford to overlook this opportunity? Explore the Potential of BitLemons ($BLEM) Today! Discover the Presale: Visit Linktree Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinTurk News