Cryptocurrency markets have turned lower once more after Bitcoin slipped beneath 67,000 dollars for the first time since Friday. While ZRO surged into the top 100 digital assets by market capitalization, most altcoins recorded sharp losses.
Bitcoin had been trading within a range between 68,000 and 72,000 dollars for several days. Earlier today, that support gave way, pushing the asset below 67,000 dollars.
The past two weeks have been difficult for bullish traders. On January 28, Bitcoin was trading near 90,000 dollars before entering a prolonged correction. The decline intensified last Friday when the price dropped about 17,000 dollars in just over 24 hours, briefly touching 60,000 dollars, its lowest level since before the United States presidential elections in November 2024. Buyers stepped in and drove a rebound toward 72,000 dollars later that day.
Over the weekend, Bitcoin moved sideways within the 68,000 to 72,000 dollar range. Attempts to break above the upper boundary on Monday and Tuesday failed, and the rejection pushed the price back down below 67,000 dollars. Bitcoin’s market capitalization has fallen to approximately 1.34 trillion dollars, while its market dominance has slipped under 57 percent.
Altcoins have posted steeper losses. Ethereum has fallen below the 2,000 dollar level after a decline of more than 3 percent. XRP has dropped over 4 percent to trade under 1.40 dollars, and BNB has retreated to around 600 dollars following a 5 percent decrease.
Other large capitalization assets such as Solana, Cardano, Dogecoin, Chainlink, Litecoin, and Hyperliquid are also in negative territory. Monero has stood out with a gain of about 3 percent, trading above 340 dollars.
Pi Network’s token has reached another record low, while MYX has fallen more than 12 percent. BGB has declined around 9 percent. In contrast, ZRO has climbed roughly 20 percent, securing a place among the top 100 cryptocurrencies.
The total cryptocurrency market capitalization has dropped by more than 50 billion dollars over the past day, now standing near 2.35 trillion dollars.
