Bitcoin Dips Under $67K and Altcoins Follow Suit: Market Analysis

After several days of steady trading between $68,000 and $72,000, Bitcoin has fallen below $67,000 for the first time since last Friday. This drop parallels the decline experienced by most altcoins, with ETH slipping under $2,000, XRP trading below $1.40, and BNB struggling to stay above $600. On January 28, Bitcoin was valued at $90,000, but a significant price correction occurred over the next few days, culminating in a drop to $60,000 last Friday. Since then, Bitcoin's market capitalization has fallen to $1.340 trillion. Meanwhile, altcoins such as Ethereum, XRP and BNB have also suffered losses, contributing to the total crypto market cap shedding over $50 billion. However, outliers like XMR saw a 3% increase and ZRO entered the top 100 alts after a 20% increase.