{"id":73696,"date":"2026-02-24T10:17:07","date_gmt":"2026-02-24T10:17:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73696"},"modified":"2026-02-24T10:17:07","modified_gmt":"2026-02-24T10:17:07","slug":"150-billion-gone-from-crypto-markets-as-bitcoin-btc-dips-below-63k-market-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73696","title":{"rendered":"$150 Billion Gone From Crypto Markets as Bitcoin (BTC) Dips Below $63K: Market Watch"},"content":{"rendered":"
\n

Bitcoin\u2019s price continues its underwhelming performance, dropping to another multi-week low of under $63,000 earlier today.<\/p>\n

The altcoins are bleeding out as well, with another day of multiple losses of more than 3%. Some, such as BCH, have dumped by over 10%.<\/p>\n

BTC Slides Again<\/h2>\n

BTC was rejected at over $70,000 at the beginning of the previous business week, and its bounce-off attempt was halted in its tracks. The following few days were less volatile, as the cryptocurrency remained sideways between $67,000 and $68,500. It slipped to $65,600 on Thursday, but quickly rebounded and stood close to $69,000 during the weekend.<\/p>\n

Despite the most recent developments on the tariff front, which included<\/a> a new global taxation after the US Supreme Court ruled against Trump, BTC remained relatively stable at first. However, it nosedived once the legacy futures markets opened late on Sunday.<\/p>\n

In just over an hour, it dumped<\/a> from $67,700 to $64,400, leaving millions in liquidations. It bounced off to $66,500 mid-day, but the bears resumed control of the market<\/a> and drove it south hard once again. Earlier today, the asset dipped below $63,000 for the first time since the February 6 crash, when it plunged to $60,000.<\/p>\n

It trades inches above that line now, with its market cap dumping to $1.260 trillion. Its dominance over the alts has also been hit hard and is below 56% on CG now.<\/p>\n

\"BTCUSD<\/a>
BTCUSD Feb 24. Source: TradingView<\/figcaption><\/figure>\n

Alts Tumble<\/h2>\n

Ethereum continues to lose value rapidly as well, dumping by 5% daily to just over $1,800. XRP is down by 4.5% and struggles to remain above $1.30. BNB, SOL, and TRX have marked similar losses, while DOGE, ADA, and HYPE have plunged by over 5%.<\/p>\n

Bitcoin Cash has dropped the most from the larger caps. The asset has shed over 11% of value and now sits below $485. ZEC, RAIN, UNI, SUI, WLFI, and many others are deep in the red as well.<\/p>\n

In contrast, PIPPIN continues to chart gains, surging to a new all-time high of $0.80 after another 11.5% daily jump.<\/p>\n

The total crypto market cap, though, has lost more than $150 billion since Sunday and is down to $2.260 trillion on CG.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Feb 24. Source: QuantifyCrypto<\/figcaption><\/figure>\n

\u00a0<\/p>\n

The post $150 Billion Gone From Crypto Markets as Bitcoin (BTC) Dips Below $63K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price continues its underwhelming performance, dropping to another multi-week low of under $63,000 earlier today. The altcoins are bleeding out as well, with another day of multiple losses of more than 3%. Some, such as BCH, have dumped by over 10%. BTC Slides Again BTC was rejected at over $70,000 at the beginning of […]<\/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-73696","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\/73696","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=73696"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73696\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}