SIREN has emerged as the standout performer today, sharply rising while most altcoins posted declines between 5 and 8 percent.
Amid escalating tensions in the Middle East, Bitcoin faced rejection near 71,000 dollars and dropped to a three week low of around 68,000 dollars.
The broader altcoin market followed the downturn. Ethereum slipped below 2,100 dollars, XRP fell under 1.40 dollars, and HYPE dropped below 40 dollars after losing nearly 5 percent.
Bitcoin Hits Multi Week Low
After briefly dipping toward 70,000 dollars last weekend, Bitcoin started the week strong and climbed to a six week high of 76,000 dollars after breaking above 74,000 dollars. However, the rally was short lived, with the price returning to around 74,000 dollars by midweek.
Volatility increased around the FOMC meeting. Bitcoin fell by roughly 3,000 dollars ahead of the event but rebounded to 72,000 dollars after the Federal Reserve kept interest rates unchanged. However, comments from Jerome Powell suggesting no rate cuts in 2026 triggered another decline, pushing the price below 69,000 dollars.
Although Bitcoin recovered slightly and reached 71,000 dollars on Saturday, renewed geopolitical concerns following statements from Donald Trump sent it lower again overnight. The asset is now struggling near 68,000 dollars.
Altcoins Decline While SIREN Defies the Trend
Ethereum has dropped more than 300 dollars from its weekly high of 2,400 dollars, with a further decline in the past day pushing it below 2,100 dollars. XRP also failed to hold its momentum after being rejected at 1.60 dollars and is now trading below 1.40 dollars.
Other major altcoins including Solana, Cardano, Dogecoin, Binance Coin, and Chainlink have recorded losses ranging from 2 to 4 percent over the past day.
HYPE is among the weakest performers, falling close to 5 percent to around 38 dollars. Zcash declined by about 7 percent, while Aave, Polkadot, and Sui dropped between 3 and 4 percent.
In contrast, SIREN has significantly outperformed the market. The AI focused cryptocurrency built on the BNB Chain surged by 90 percent in 24 hours, reaching a new all time high above 1.70 dollars.
Overall, the total cryptocurrency market capitalization has decreased by nearly 200 billion dollars since its peak earlier in the week and now stands at approximately 2.43 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
