Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory

12 March 2025
in Ethereum
Reading Time: 4 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter


Purpose to belief

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by trade consultants and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

The cryptocurrency market is dealing with a seemingly endless decline, with Ethereum (ETH) and Dogecoin (DOGE) main the losses amongst large-cap digital belongings. This correction comes because the broader market sentiment turns bearish and cautious whereas Bitcoin (BTC) experiences persistent volatility and strikes into bear market territory. 

Ethereum And Dogecoin Market Cap Takes A Hit

Ethereum, the second-largest cryptocurrency by market capitalization, has recorded a major drop in its market cap within the final 24 hours. Whereas the worth of Ethereum has declined to $1,910, its market cap has additionally gone down roughly 7.8%. 

Associated Studying

A mixture of things has contributed to this unlucky drop in valuation, together with investor warning forward of key financial stories and ongoing bearish sentiments. Whereas Ethereum’s buying and selling quantity appears to be the one metric within the inexperienced, leaping by 80%, liquidations persist as merchants exit their positions forward of additional losses. 

On an analogous observe, Dogecoin, the primary meme coin, has skilled steep losses in each its worth and market cap. Regardless of its 30.5% improve in buying and selling quantity, Dogecoin’s market cap has fallen by 6.6%. This decline follows a latest surge in meme-based cryptocurrencies earlier this yr, which seems to be dropping momentum. 

As of writing, the Dogecoin worth is buying and selling at $0.16, reflecting a deep correction of 16.8% within the final seven days and a large 37% crash over the previous month. 

Notably, the decline in Dogecoin and Ethereum’s market cap is the best within the final 24 hours, with cash within the high 10 experiencing a lower than 2% drop. This large drop in each cryptocurrencies comes as analysts verify that Bitcoin has entered bear market territory. 

Bitcoin And Altcoins Enter Bear Market 

In keeping with crypto analyst Tony Severino, Bitcoin could have entered bear market territory because the pioneer cryptocurrency faces lowering momentum. Severino’s evaluation applies the Elliott Wave Principle, which claims that the bear marketplace for altcoins began in 2022, coinciding with Bitcoin’s Wave 5. 

Associated Studying

Throughout this era, the market noticed an increase in rates of interest and Quantitative Tightening (QT), the place central banks decreased liquidity in monetary markets. Since altcoins thrive when there’s extra liquidity, financial tightening has led to weak efficiency for these digital currencies. 

Severino argues that Bitcoin’s Wave 5 lacked the standard energy of a real bull market high. Based mostly on the Elliott Wave Principle, the fifth wave has at all times been weaker than the third when it comes to worth velocity, quantity, and breadth. 

The analyst additionally referenced a textbook that explains that Wave 5 tends to be sideways and weak, typically previous the bear market because it signifies waning momentum. The general conclusion of Severino’s evaluation is that the altcoin bear market, which started greater than three years in the past, has by no means actually ended since financial situations haven’t returned to what they have been earlier than 2022.

Ethereum
ETH buying and selling at $1,912 on the 1D chart | Supply: ETHUSDT on Tradingview.com

Featured picture from Unsplash, chart from Tradingview.com



Source link

Tags: BearBitcoinCapDogecoinEthereumLargeLeadlossesMarketMovesTerritory
Previous Post

MrBeast Makes More Money From His Side Hustle Than YouTube | Entrepreneur

Next Post

Coinbase Receives Greenlight to Offer Crypto Trading in India – Decrypt

Related Posts

Ethereum Big Players Are Returning As Whale Wallets See Notable Growth | Bitcoinist.com
Ethereum

Ethereum Big Players Are Returning As Whale Wallets See Notable Growth | Bitcoinist.com

30 July 2025
Ethereum sets sight on becoming the ‘global computer’ in the next 10 years
Ethereum

Ethereum sets sight on becoming the ‘global computer’ in the next 10 years

30 July 2025
Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH | Bitcoinist.com
Ethereum

Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH | Bitcoinist.com

29 July 2025
Checkpoint #5: July 2025 | Ethereum Foundation Blog
Ethereum

Checkpoint #5: July 2025 | Ethereum Foundation Blog

30 July 2025
Bitcoin steadies near $114,800 but fragility risk rises as leverage climbs
Ethereum

Bitcoin steadies near $114,800 but fragility risk rises as leverage climbs

28 July 2025
Ethereum Is Becoming TradFi’s Settlement Layer — Here’s Why | Bitcoinist.com
Ethereum

Ethereum Is Becoming TradFi’s Settlement Layer — Here’s Why | Bitcoinist.com

29 July 2025
Next Post
Coinbase Receives Greenlight to Offer Crypto Trading in India – Decrypt

Coinbase Receives Greenlight to Offer Crypto Trading in India - Decrypt

The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America

The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
Ethereum Big Players Are Returning As Whale Wallets See Notable Growth | Bitcoinist.com

Ethereum Big Players Are Returning As Whale Wallets See Notable Growth | Bitcoinist.com

30 July 2025
7 Trusted Free Crypto Cloud Mining Platforms to Earn Bitcoin & Dogecoin in 2025

7 Trusted Free Crypto Cloud Mining Platforms to Earn Bitcoin & Dogecoin in 2025

30 July 2025
Bitcoin Net Realized Profit Drops To $1.4B As Market Absorbs Galaxy’s 80K BTC Distribution | Bitcoinist.com

Bitcoin Net Realized Profit Drops To $1.4B As Market Absorbs Galaxy’s 80K BTC Distribution | Bitcoinist.com

30 July 2025
JPMorgan and Coinbase Bring Crypto to Cards and Rewards

JPMorgan and Coinbase Bring Crypto to Cards and Rewards

30 July 2025
Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming | Bitcoinist.com

Shiba Inu Bearish Reversal Setup Says Dump Below $0.000013 Is Coming | Bitcoinist.com

30 July 2025
Ethereum sets sight on becoming the ‘global computer’ in the next 10 years

Ethereum sets sight on becoming the ‘global computer’ in the next 10 years

30 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,189.00-0.27%
  • ethereumEthereum(ETH)$3,778.610.37%
  • rippleXRP(XRP)$3.11-0.27%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$786.86-2.05%
  • solanaSolana(SOL)$176.93-2.27%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,773.890.05%
  • dogecoinDogecoin(DOGE)$0.219080-0.86%
  • tronTRON(TRX)$0.327652-2.08%