INSUBCONTINENT EXCLUSIVE:
The cryptocurrency market faltered on February 21, 2025, with CoinGape reporting significant drops across major coins
Bitcoin shed 1.87%, closing at $93,000, while Ethereum lost 1.86%, settling at $4,300
XRP plunged 3.37% to $3.25, Solana dipped 1.90% to $200, and Litecoin hovered around $127 after a similar decline.Profit-taking drove the
daytime sell-off after a volatile week, fueled by earlier altcoin gains
Bitcoin struggled below $98,000, reflecting $247.8 million in ETF outflows from February 20
Ethereum held above $4,200, but staking withdrawals dulled its shine
dump.Overnight, Asian markets stabilized the bleeding, yet volumes stayed modest at 50,000 BTC and 1.2 million ETH traded
Analysts noted a 30% drop in Bitcoin and Ethereum inflows since January, drying up liquidity
Profit-Taking and ETF WoesMarket makers weighed in with sharp takes on February 22 morning
Technicals showed Bitcoin testing $92,000 support, Ethereum eyeing $4,400 resistance, and XRP teetering above $3.The broader altcoin market
Dogecoin dropped 4.81%, reflecting meme coin jitters
TOTAL3, tracking altcoin market cap, grew sluggishly, underscoring a shift from speculative highs.This stumble reveals a market at a
Regulatory uncertainty and profit-taking now test its mettle
Business watchers see a clear lesson: stability hinges on institutional flows and policy clarity, not just hype
