{"id":1008,"date":"2026-02-24T21:44:38","date_gmt":"2026-02-24T21:44:38","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1008"},"modified":"2026-02-24T21:44:38","modified_gmt":"2026-02-24T21:44:38","slug":"150-billion-wiped-from-crypto-markets-as-bitcoin-falls-below-63k","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/02\/24\/150-billion-wiped-from-crypto-markets-as-bitcoin-falls-below-63k\/","title":{"rendered":"$150 Billion Wiped From Crypto Markets as Bitcoin Falls Below $63k"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"432\" data-id=\"1009\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1350-3.jpeg\" alt=\"\" class=\"wp-image-1009\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1350-3.jpeg 576w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1350-3-300x225.jpeg 300w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>The cryptocurrency market has erased more than $150 billion in value since Sunday, as Bitcoin slipped under $63,000 and dragged most altcoins lower.<\/p>\n\n\n\n<p>Bitcoin attempted to recover above $70,000 at the start of last week but was rejected, then traded in a narrow range between $67,000 and $68,500 for several days. After briefly approaching $69,000 over the weekend, the asset came under heavy pressure once traditional futures markets reopened. Within just over an hour, Bitcoin dropped sharply from $67,700 to $64,400, triggering significant liquidations.<\/p>\n\n\n\n<p>Although it staged a short rebound toward $66,500, sellers regained control and pushed the price below $63,000 for the first time since the early February crash that sent it to $60,000. Bitcoin is now hovering just above that level, with its market capitalization falling to around $1.26 trillion. Its dominance among altcoins has also weakened, slipping below 56 percent.<\/p>\n\n\n\n<p>Altcoins have followed Bitcoin\u2019s decline. Ethereum has fallen about 5 percent to trade near $1,800. XRP is down roughly 4.5 percent and is struggling to hold above $1.30. BNB, Solana, and TRON have recorded similar losses, while Dogecoin, Cardano, and HYPE have dropped more than 5 percent.<\/p>\n\n\n\n<p>Bitcoin Cash has posted the steepest decline among larger capitalization assets, losing over 11 percent and falling below $485. Zcash, RAIN, Uniswap, SUI, WLFI, and several others are also experiencing notable losses.<\/p>\n\n\n\n<p>One exception is PIPPIN, which continues to outperform the broader market. The token has climbed to a new all time high of $0.80 following another double digit daily gain.<\/p>\n\n\n\n<p>Despite isolated strength in a few tokens, the overall crypto market capitalization now stands at approximately $2.26 trillion, reflecting a sharp contraction in total value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has erased more than $150 billion in value since Sunday, as Bitcoin slipped under $63,000 and dragged most altcoins lower. Bitcoin attempted to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1008","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1008"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1008\/revisions"}],"predecessor-version":[{"id":1010,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1008\/revisions\/1010"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}