The cryptography market is experiencing another bearish draw, with the price of Bitcoin (BTC), XRP and Dogecoin (DOGE) under the spotlight. In the middle of this light road, the market capitalization of combined cryptography fell 2.06% to 3.43 billions of dollars. In addition, the cryptography liquidation trend shows that a potential weekend accident is imminent.
Bitcoin price and liquidation prospects
At the top of the drop in Altcoin, the price of Bitcoin may fall below the psychological level of $ 100,000. The play has already marked the story as it recorded its first monthly fence greater than $ 100,000. Despite the slight consolidation on the market, buyers are currently making a profit.
During the editorial staff, the price of the BTC changed hands for $ 100,579.67, down 1.69% in 24 hours. The room exchanged around a very tight range of a minimum of $ 100,542 to a summit of $ 102,755 before the sale.


In particular, these prospects have fueled a liquidation of combined cryptography of $ 382.51 million per Coinglass data.
In particular, this figure is lower than that previous $ 1.1 billion in cryptographic liquidation, which led to the BTC of a summit of $ 108,000 to $ 95,587.68. However, merchants are on high alert and Bitcoin co -director the liquidation trend with $ 57 million.
The XRP and Dogecoin price resulted
Altcoins are not spared growing withdrawal from the general market. While Ethereum leads the liquidation of a single asset with $ 72.12 million, XRP and Dogecoin have undoubtedly undergone more price reductions.
XRP had a cash price of $ 2,884, down 6.02% from writing. Dogecoin deposited $ 3079 from $ 11.89 million in cryptographic liquidation from $ $ 11.379 to $ 11.89 million. Despite Bitcoin which commanded a larger market share, the price of these Altcoins showed their high dependence on the medal.
The reasons for falling the price of the BTC can be speculative; The slight accumulation of leverage seems to move against traders in the long term. Linen data Shows that the open interest of Bitcoin is set at 631,140 BTC, worth $ 63.56 billion. This proves how exposed to the term traders are exposed, requiring cooling.
Meanwhile, altcoins only respond with their high correlation with the price of bitcoin. A year earlier DOGE PRICE AnalysisThere is hope to build strong resistance around the $ 0.3 bar. This optimistic forecast comes when traders weigh on the update of Doge at 1 billion Elon Musk.
Revannage of temporary BTC prices
The Bitcoin price recorded a level of $ 109,114 shortly after the inauguration of President Donald Trump. Until now, the prospects of BTC and the larger cryptography industry seem promising under the new administration.
Having appointed Mark Uyeda as acting president of the Securities and Exchange Commission (SEC) of the United States, the prospects for regulatory policies have changed. The agency even approved Bitcoin and ETF ETF on the bias Product, sign of relaxed control.
With these changing dynamics, the current sale in the BTC price could take place as a temporary gap and the market will get rid of the short term.
Warning: The content presented may include the author’s personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.