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Bitcoin Breaks Below $60,000... Ethereum, Ripple, and Dogecoin 'Fall Across the Board,' Dark Clouds Over Virtual Asset Market

As of 11:11 p.m. on the 25th, the virtual asset market is showing an overall bearish trend based on CoinMarketCap data. Bitcoin, the largest cryptocurrency by m

CBC News Desk
Staff Reporter
2 min read
Bitcoin Breaks Below $60,000... Ethereum, Ripple, and Dogecoin 'Fall Across the Board,' Dark Clouds Over Virtual Asset Market
CBC News

As of 11:11 p.m. on the 25th, the virtual asset market is showing an overall bearish trend based on CoinMarketCap data.

Bitcoin, the largest cryptocurrency by market capitalization, was trading at $59,486.06, down 3.01% from 24 hours ago. The renewed break below the $60,000 mark is dampening investor sentiment. Ethereum, the second-largest by market capitalization, also fell 4.73% over 24 hours to $1,569.52. Binance Coin (BNB) dropped 3.16% to $551.70, and Solana declined 4.41% to $65.85, as major altcoins all flashed red.

Ripple (XRP) fell 3.87% over 24 hours to $1.03, while Dogecoin slid 4.46% to $0.07329, making them among the steepest decliners among major altcoins. Additionally, Tron (TRX) decreased 1.77% to $0.3230, and Hyperliquid (HYPE) edged down 0.19% to $60.61, showing a relatively limited correction.

With Bitcoin falling below the $60,000 level and major altcoins weakening in tandem, short-term investor sentiment has become somewhat subdued. The global virtual asset market capitalization is also on a downward trend, reflecting weakened risk appetite.

[※ This article is based on CoinMarketCap pricing. Virtual asset prices may vary by exchange. The final responsibility for investment decisions lies with the investor.]

CBC News Desk
Staff Reporter

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