Altcoin collisions have sent shock waves via the cryptocurrency market while major tokens like Jasmy, Solana, Shiba Inu and Pepe are experiencing significant slowdowns. The slowdown in the Altcoin market has resulted in billions of dollars in investor loss, Bitcoin withdrawn below $ 80,000 and total market capitalization of 5.40% to 2.64 dollars. Crypto investors have lost nearly 1 dollars billion in recent months when the collapse of the memes play continues to take momentum.
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Why do Altcoins crush? Jasmy, Solana, Shiba Inu and Pepe take a hit
The index of fear and greed falls to an extreme fear
The phenomenon of collision of altcoins results mainly from the feeling of investors which becomes deeply negative. The CNN Money Fear and Greed index plunged into the 18 -year -old extreme fear area, currently indicating generalized market pessimism. This dramatic change has been observed in several sub-indeed, with a market momentum, a stock market force, power and appeal options, and to ask Haven to ask all of an extreme territory of fear.
In addition, the CBOE S&P 500 index, commonly known as VIX, remained above $ 20 for seven consecutive days, reporting increased volatility on the market. This atmosphere of fear triggered the sale of panic while simultaneously reducing demand while prudent investors remain on the sidelines, and many simply expect a kind of stability before returning.
Spectacular prices decrease at all levels
The price reductions have been particularly serious in several altcoins in recent days, and the figures have been shocking enough to be honest. The price of Jasmy has dropped up to $ 0.0170, which is in fact its lowest level since November 5, marking an astounding drop of 72% compared to its peak in November 2024. Many first investors who bought at higher prices are now confronted with really difficult decisions to sell as far as loss or simply hold and hope for a recovery.
Solana, who once traded at almost $ 300 not so long ago, was overthrown at only $ 127, also leaving many projects built on her blockchain in difficulty. And then there is the price of Shiba Inu which had fallen at around 0.00001337 $, lowering considerably compared to its previous level of 0.00003326, to the great dismay of its faithful community which had such great hopes. Meanwhile, the value of Pepe Coin was reduced to about $ 0.00,00075 while the collapse of the same part was intensified even more, essentially collapsed of the gains on which certain traders counted for their wallets.
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The double -top pattern of Bitcoin resonates problems
The technical indicators of Bitcoin definitively have a disturbing image that affects almost the whole ecosystem of the cryptocurrency at the moment. A double sleep model was formed at around $ 108,200, the Bitcoin crashed below the critical neckline at $ 89,100 just this week. The cryptocurrency also fell below its mobile average at 200 days, which is a technically significant development which makes many traders feel quite nervous and uncertain at the moment.
Some analysts suggest that Bitcoin could potentially go up to $ 73,614, which will actually correspond to its summit in March 2024. And interesting, such a drop could in fact signal an optimistic “rupture and retest” model, potentially setting up a kind of reversal in the future. However, at the time of writing, most altcoins continue to suffer whenever Bitcoin works badly, and this relationship between Bitcoin and Altcoins does not really seem to change anytime soon, which makes a lot of frustration for many holders of Altcoin.
Trump’s prices and economic uncertainty
Donald Trump’s pricing plans definitively worsened the slowdown in Altcoin. The president’s to come from the president on Canadian and Mexican products, as well as the 25%steel and aluminum rates, took many traders who have devoid of additional anxiety.
These policies arouse serious stagflation problems – which is essentially a very bad mixture of slow growth and high inflation which creates a kind of situation without gain for the federal reserve. And with the Fed, the potentially reduced rates to try to prevent a recession, the cryptographic markets have become even more unstable at the moment.
The main ETFs of actions such as IVV, Spy and Voo also fell alongside Crypto, because investors are retreating more risky assets for the moment. The market is confronted with several challenges at the same time – fear is quite high, the technical indicators are not good and economic concerns are definitively mounted.
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This perfect storm is essentially the reason why altcoins crashes so hard at the moment, with Jasmy, Solana, Shiba Inu and Pepe suffering the most in this collapse of money. While some analysts see a possible rebound if bitcoin reaches certain key support levels, most investors are preparing for continuous volatility while these market conditions continue to take place in the coming weeks.