{"id":40332,"date":"2026-01-21T09:15:59","date_gmt":"2026-01-21T09:15:59","guid":{"rendered":"https:\/\/financialrush.com\/?p=40332"},"modified":"2026-01-21T09:15:59","modified_gmt":"2026-01-21T09:15:59","slug":"crypto-markets-dumped-by-250b-in-days-as-bitcoin-falls-below-90k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=40332","title":{"rendered":"Crypto Markets Dumped by $250B in Days as Bitcoin Falls Below $90K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

The cryptocurrency gains charted in the first couple of weeks of the new year have been lost in the span of just a few days, as BTC’s price tumbled below $88,000 earlier today to mark a 19-day low.<\/p>\n

The altcoins have been on a massive slide lately, and the past 24 hours were brutal for some, such as XMR, HYPE, and many others.<\/p>\n

BTC Slumps Below $90K<\/h2>\n

It was just a week ago when the primary cryptocurrency was riding high, reaching $98,000 for the first time in months. The community quickly put the $100,000 mark next as greed became the predominant sentiment.<\/p>\n

Although the six-digit price territory remained a mirage, BTC still traded above $95,000 for the next several days, and even during the weekend when the tension between the EU and the US escalated further. However, all of that stability changed<\/a> on Monday morning when the Asian and some futures markets opened.<\/p>\n

BTC tumbled from $95,500 to $92,000, tried a quick recovery to $93,500, only to be halted and driven south to $91,000 on Tuesday. The situation worsened<\/a> in the past 12 hours as the cryptocurrency plummeted<\/a> further, this time to under $88,000. This became its lowest price tag since January 2.<\/p>\n

Although it has recovered some ground and now trades above $89,000, it’s still 2% down on the day and 6% lower weekly. Its market cap has tumbled to $1.780 trillion, while its dominance over the alts is at 57.5%.<\/p>\n

<\/a>
BTCUSD Jan 21. Source: TradingView<\/figcaption><\/figure>\n

Alts’ Despair Continues<\/h2>\n

Ethereum stood above $3,300 during the weekend, but after three days of consecutive losses, has slumped below $3,000. XRP went from over $2.10 to $1.90 as of now. BNB has lost the $900 support, while TRX is down by 3% daily.<\/p>\n

XMR has seen the most substantial decline over the past 24 hours (15%) and is below $500 now. HYPE is the other massive loser daily, dumping by over 8% to $21. In contrast, CC (7%) and WLFI (5%) are well in the green but are among the few exceptions.<\/p>\n

The cumulative market cap of all crypto assets has dumped below $3.1 trillion on CG. This means that it has shed over $250 billion since Monday morning.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Daily January 21.Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post Crypto Markets Dumped by $250B in Days as Bitcoin Falls Below $90K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The cryptocurrency gains charted in the first couple of weeks of the new year have been lost in…\n","protected":false},"author":2,"featured_media":40333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-40332","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/40332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40332"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/40332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/40333"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}