{"id":5796,"date":"2025-01-03T06:23:42","date_gmt":"2025-01-03T06:23:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5796"},"modified":"2025-01-03T06:23:42","modified_gmt":"2025-01-03T06:23:42","slug":"significant-decline-in-crypto-market-cap-as-bitcoin-and-other-cryptocurrencies-tumble","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5796","title":{"rendered":"Significant Decline in Crypto Market Cap as Bitcoin and Other Cryptocurrencies Tumble"},"content":{"rendered":"
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<\/i>Significant Decline in Crypto Market Cap as Bitcoin and Other Cryptocurrencies Tumble<\/a><\/span><\/h3>\n

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The world of cryptocurrency took a huge hit as the price of Bitcoin dropped substantially by about $5,000 within a matter of hours. This decline was even more dramatic for altcoins, leading to a surge in Bitcoin\u2019s dominance. The crypto market cap was greatly impacted, with a number of meme coins losing more than 20% of their worth. The business week had initially started off positively for Bitcoin, reaching an impressive high of over $72,500 due to the rising demand for spot ETFs. However, the announcement of higher-than-expected inflation data for March by the US led to a fall to $67,500. Despite this, Bitcoin managed to recover a little, even testing the $71,000 limit on Friday. Regrettably, this upward trend was not sustainable. Recent remarks on the central bank\u2019s monetary policy by the US Fed resulted in a sudden correction, making Bitcoin drop by around $5,000. This fall triggered almost $1 billion in liquidations, although Bitcoin has since regained some ground and now sits above $67,000. The decrease in the crypto market cap is evident, with Bitcoin\u2019s market capitalization decreasing to $1.330 trillion. Fortunately, Bitcoin\u2019s dominance has risen to 51.7%, an increase of over 1% in a single day. This crash also had repercussions on other financial markets, including gold. Altcoins also experienced significant losses, with many of them suffering greatly. The most impacted among the larger-cap alts include XRP, SOL, DOGE, ADA, AVAX, SHIB, BCH, DOT, LINK, among others. Some meme coins experienced losses of up to 30%. In total, the crypto market cap fell by more than $200 billion, with its current value still significantly below $2.6 trillion. The keyword phrase here is \u2018crypto market cap\u2019, which reflects the overall market value of all cryptocurrencies combined.<\/p>\n

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Not financial advice.<\/b> Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!<\/i><\/small><\/p>\n

Source article\u2026<\/a><\/div>\n<\/div>\n<\/div>\n

The post Significant Decline in Crypto Market Cap as Bitcoin and Other Cryptocurrencies Tumble<\/a> appeared first on Crypto Genius\u2122<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Significant Decline in Crypto Market Cap as Bitcoin and Other Cryptocurrencies Tumble The world of cryptocurrency took a huge hit as the price of Bitcoin dropped substantially by about $5,000 within a matter of hours. This decline was even more dramatic for altcoins, leading to a surge in Bitcoin\u2019s dominance. The crypto market cap was […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-5796","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5796"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5796\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}