The crypto market crashed and lost its $10.1 billion liquidation. Bitcoin (BTC) plummeted below $84,000, but Altcoins like ETH and Sol are beating the 15-20% Bitcoin Pepe pre-sale offers an attractive alternative at a price that rises from $0.0255 to $0.0268 in the next Presail stage.
The crypto market is upset by the brutal wave of liquidation. More than $1 billion in leverage positions have disappeared in the last 24 hours, according to Coinglass data.
Liquidation is ravaging traders hard over major exchanges. Bitcoin alone accounted for $396.16 million in wipeout positions. Ethereum has evaporated $299.98 million, and Solana’s liquidation reached $755 million. Even the coins in memes didn’t spare. Dogecoin saw a liquidation of over $20 million.
The crypto market erased profits it earned earlier this week
Bitcoin (BTC) plunged below $84,000, surged nearly 10% of its value in a day. Tumble overturned the rally earlier this week by over $95,000. It reached an intraday low of $82,467.24 before stabilizing just over $83,000.
Ethereum (ETH) followed suit and dived for $15% to $2,089, while Altcoins such as Solana (SOL) and XRP cratered 20% and 18% respectively. Cardano (ADA) plunged to $0.7998 to 25%, as most of the other altcoins have a blunt thing in Bloodbath.
I couldn’t escape the meme coin either. Shiba Inu (Shib) and Pepe Coin (Pepe) dropped 13% and 18% respectively, while tokens supported by Sonic (S) and Trump have fallen by 23% to 25% respectively. The high-risk horns of the market seem to face a merciless exit as fear grabs the trader.
In particular, Crypto Market Carnage reflects a broader market slump, with global crypto market capitalization down 10% to $2.76 trillion.
What causes the crypto market to fall?
Investors condemn the gap in CME futures and the thinning of liquidity in the sudden decline in crypto markets. Analysts point out the liquidity gap and the wrong bets as culprits are wrong.
Trump’s talk about strategic crypto prep couldn’t protect the market from wider economic tremors. Seloff erased the benefits caused by President Donald Trump’s optimism over the pro-cryptic moves.
In addition to the liquidity gap, economic factors also blame the crash of the cryptocurrency. Trump’s new 25% tariffs on imports from Canada and Mexico have sparked trade tensions.
Canada and Mexico supply a third of the US, and tariffs threaten growth and blow away the fear of inflation.
After the introduction of tariffs, American stocks tanked along with the code, with Dow Jones down 650 points. The VIX index also jumped to 22, signaling rising market panic.
Historically, cryptocurrencies have distorted when fear ruled, pushing investors on the sidelines.
Bitcoin Pepe appears as a paradise for crypto investors
Amid this chaos, Bitcoin Pepe stands out as a bold candidate. Pitched as the “the world’s only Bitcoin meme ICO” and blends Bitcoin durability with meme coin flare, the project aims to build Meme Layer 2 for Bitcoin. Its PEP-20 standard allows users to launch MemeCoins on the Bitcoin blockchain.
Unlike current bleeding altcoins and memokines, Bitcoin Pepe is currently in the pre-sale stage where prices are configured to rise in advance.
Despite the market defeat, it has gained traction before pre-pre. Currently in stage 5 of 30, Presale has raised $3,690,133. The current price is $0.0255 and is set to rise to $0.0268 in the next phase.
The project’s smart contracts have already been audited by SolidProof, providing a faint light of reliability in a sea of ​​uncertainty.
Interested investors can buy by tying their wallets together and bet on the vision of “Solana of Bitcoin” as a lifeline. The project’s whitepaper and roadmap pitches a future in which Memecoin thrives in “the only chain that lives forever.”
