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Crypto Crash: 5 Altcoins with the Biggest Price Drops as Bitcoin Falls Below $90,000
The cryptocurrency market has adjusted downward after a week of strong gains, with Bitcoin dropping close to $90,000 and some other altcoins leading the decline. CRYPTO MARKET Experiences Healthy Correction After Strong Rally After a significant surge last week, cryptocurrency prices have entered a short-term correction phase. In the past 24 hours, the overall crypto market has decreased by approximately 3%, as traders take profits following rapid price increases of major assets. This downward correction occurs after weekly price surges of both Bitcoin and altcoins, indicating a cooling-off period rather than a trend reversal. Bitcoin Falls Back to Around $90,700 Bitcoin has fallen to approximately $90,700, losing some recent gains. This move follows a rapid price increase that pushed BTC into an overbought zone, triggering profit-taking activities in both spot and derivatives markets.
Although there is a slight short-term decline, Bitcoin still maintains structural strength on the weekly chart, and this correction is viewed more as a technical consolidation rather than a continuation of a downtrend. Top 5 Cryptocurrencies with the Biggest Losses in 24 Hours According to the latest market data, the following cryptocurrencies have experienced the largest declines in the past 24 hours: