Crypto is bleeding red today

[dubst4r]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

[SquirrelJulietGarden]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

Bitcoin is down 8% and most altcoins are down 20%, 30% today. Bitcoin has its drawdown in a bull market or correction in beginning of bear market, but it's better than altcoins.

History in previous market cycles from bull to bear years shows this fact, but people mostly ignore lessons from the past and want to try, experience and learn their own lessons with money. Today, it's their opportunity for experience and lesson learn.

You can check information with trading view charts, and type TOTAL, TOTAL2, TOTAL3 and explore how Bitcoin and altcoins perform today.
https://www.tradingview.com/chart/

[Oshosondy]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

Most altcoins will increase and fall massively. What happened today is not new on altcoins as they are pump and dump. This is the reason I prefer bitcoin. Yes bitcoin fall today but know that this is not new at all. This has not changed the fact that bitcoin will still increase back and get to ATH.

[knowngunman]

Unless the market structure changes, we are in a down trend. It's as simple as that and we need to realise that. As long as we belive crypto is highly volatile, a moment like this shouldn't be thing of shock to us. It's really sad to see but don't let the noise distract you. I won't advise anyone to hold or sell, let them go by what they believe.

What's more important is that, bitcoin continues to lead the crypto market narratives maintaining its dominance over altcoins despite the hard time. I'm not happy but there's no really pressure here because we are already familiar with it.

[JamesDaniel90]

Many of the altcoins I hold are roughly 25% down last 24 hours.

It is frustrating, this is my first cycle and i didn't expect this bad price action in a peak bull run year but here we are.

What gives me hope is when i look at the screenshots i have taken of my portfolio over the last 12 months, I went from break even to +200% in just 5 weeks end of 2024 and I believe that will be possible again in the next month or so once we get rate cuts and trade war ends.

Trump knows what he is doing, he has crashed the markets as he wants many rate cuts this year.

I am mainly just holding through all this, bought a bit yesterday but dont have much spare cash so I am happy waiting for this all to end and the market to turn bullish again and it will.

[TheMuskToken]

Facts. Every cycle it’s the same, BTC holds better during corrections. Altcoins bleed harder, always have. If you're ignoring past data, you're just paying for the same lesson again.

[criptoevangelista]

Normal, it's a free market that works 24 hours a day, 7 days a week, and people are very emotional, they can't see bad news without selling, well, the winners in this game are those who have real conviction and know what they're doing.

[aoluain]

No point in posting this in the "Bitcoin Discussion" board, this is all about $hitcoins and is a
great visual on how its better to ditch the crap and switch to Bitcoin.

I'm sorry for anyone who is losing on their "Crypto" holdings, but there have been endless
discussions about the merits of ditching $hitcoins and switching to Bitcoin.

[AbuBhakar]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

Check stock market and you will notice that everything is falling down ever since the increase of tariff by Trump take effect.

Bitcoin and altcoin market just share the downtrend of global market because investors wants to secure money while the market is bearish. This is just a temporary downtrend for Bitcoin since there’s a strong demand for it when the price is down.

Same when the pandemic first hit. Crypto market plunge badly but recover afterwards even though stock market is still not recovering.

[JamesDaniel90]

No point in posting this in the "Bitcoin Discussion" board, this is all about $hitcoins and is a
great visual on how its better to ditch the crap and switch to Bitcoin.

I'm sorry for anyone who is losing on their "Crypto" holdings, but there have been endless
discussions about the merits of ditching $hitcoins and switching to Bitcoin.

You only lose if you sell, altcoins are down 25-30% last 24 hours but they pump a lot quicker once Bitcoin recovers.

Bitcoin is currently at $77k , maybe we might see it double in price to $150k later this year, that's only a 2x.

Many altcoins will 20x or more during that same time. Yes some will go to zero but if you are spread then hitting a few 20x winners and losing a few is much better then just buying Bitcoin for a poxy 2x return.

Bitcoin is good for those who have big money but for the average person we want bigger returns, especially for those like me whose first cycle this is. We want to make money with our altcoins this bull run and then put those profits into Bitcoin next few years when we have more capital available to invest.

[YOSHIE]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

Indeed, the crypto market is currently plummeting, as well as the price of Bitcoin today from the price of $82.8K down to $76.9K


Meaning: $ 5.9k has been lost, if they buy at $ 82.8k.

In my addressing the Crypto Market for this week continues to plummet, there are several factors that allow the Krypto market to fall, but for my observations the decline of the Bitcoin market today has a great impact on this factor: The Crypto Market Finally Gives In: Over 200 Million Dollars Liquidated Today, For me it is rational and reasonable, rather than the effects of Trump's policies or other rulers, because the crypto market is greatly determined on sellers and buyers, slightly influence on the rulers' policies such as Trump tariffs and so on.

[jcojci]

Yes, the market is in red so we must be careful deciding because we don't know what will happen. You don't need to worry or afraid with the current situation because this is just temporary and everything will be okay. What you need to do is prepare your money to buy the coin, Bitcoin or altcoin, in a low price. If you want to accumulate Bitcoin, this will be a good time for you. If you want to buy altcoin, you need to be careful because not many altcoin can increase back after this down. You need to research deeper to decide so you don't buy the wrong coin.

[Cryptohygenic]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

Bitcoin is down 8% and most altcoins are down 20%, 30% today. Bitcoin has its drawdown in a bull market or correction in beginning of bear market, but it's better than altcoins.

Bitcoin today is over 2K liquidated which should not be seen surprising to those being here for times now having been aware of how effective the global economy system can affect the value of bitcoin and other cryptocurrencies. This are most accused of Trumps tarrif policies because investors economy stock investors now have poor budgets and could not afford to buy bitcoins or diversify to other cryptocurrencies.
Obviously this poor liquidation that has affected the alts is the decline for bitcoin to maintain stability if at all it can't climb up. So the alt coins being dependant to it market values also get affected.
While manu are busy crying out at this looked crippling of the crypto markets, some other investors are accumulating but I only pity for those who invested on the coins with poor market cap that cant hold good values and resists dust at this bad times for the market.

[Akbarkoe]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

This is already in the calculation that the market will become bleeding in a few times before the formation of the Bullish market again is a Bitcoin cycle which in several times has often happened like this is not strange like this, people who are prepared to understand that bitcoin and altcoin will definitely bleed.
The market is due to the effects of Trump's tariff policy in global trade and that causes a lot of sentiments that make the Bitcoin market unpleasant and uneasy so that many retail and institutions make withdrawals to secure the value of their money in Bitcoin while saving first in the Stable Coin for fear of the decline that will continue, because it seems like the problem that occurs in this global economy will have a long time.

[Dunamisx]

Wow, what a drop in price across all crypto look at this heatmap showcasing it

We have been having encounters like this that from the start of the week, you will discover that the markets go red all through before coming to settle and go more bullish after the correction, this period is always very favourable on short time investors, those who are going to buy at this period and later sells the moment it rises up again, if we are very much accurate on our speculations from the market charts as at yesterday, we are going to discover that they already shows the indications for the red we had today since yesterday.

[dubst4r]

Its looking much better now https://priceofcrypto.net/#heatmapModal

[dubst4r]

It is looking much better today

[JamesDaniel90]

It is looking better but i dont feel like we are in the clear just yet , I will not be happy until we hear some good news regarding the tariffs and Bitcoin back above $82k.

[lixer]

We have been having encounters like this that from the start of the week, you will discover that the markets go red all through before coming to settle , this period is always very favourable on short time investors,

Not just the start of the week but sometimes start for the month, start of the year, cycle, etc... But if we are talkin about week, then maybe the closing of the week is going to be positive, right? Therefore there is no need to worry for those who are not used to this, although yeah, this is a great opportunity for those who are only in for the short-term. Maybe many are then going to be encouraged to follow their path? Hmm.. well, why not? Also to make a change, if they haven't tried it yet.

if we are very much accurate on our speculations from the market charts as at yesterday, we are going to discover that they already shows the indications for the red we had today since yesterday.

It is hard to be accurate but even if we do today, there is still no guarantee that we can also be correct tomorrow. There are lots of factors that can affect the market though.

[el kaka22]

With the way most markets are going down, crypto wasn't really an exception. On contrary to what happened with the crypto market, I expected it to go up, because if other markets are going down that means fiat is losing value and when fiat is losing value, that should make bitcoin gain value and when bitcoin goes up, all other coins should go up. That is not how it happened, when the markets crashed, people took their money out of bitcoin and crypto as well.

This is a bad time for investment, everyone is bleeding at the moment. Trump and his tariffs are doing a terrible job at the market. Even he himself (and his voters) are saying that this is normal for the short term, so nobody is saying this is good, this is actually very bad, we just have to hope it will one day get better.