Bitcoin falls below $90,000: altcoins are under pressure
Over the past 2 days, the largest cryptocurrency in the world has fallen in price by 10.5%, and at the moment the price reached $86,097 on the Binance exchange. Currently, 23:15 Moscow time on February 25, 2025, the price of Bitcoin is $87,860.
Altcoins experienced an even more significant decline. Ethereum (ETH) lost 17.65% and at the time of publication of the news had slightly recovered the fall and was trading at $2,464, XRP fell by 18.5% to $2.07 in 48 hours, and Solana (SOL) sank by 21%, reaching $132.6.
Reasons for the fall of cryptocurrencies
The general decline in the digital asset market occurred against the backdrop of a deteriorating situation in traditional financial sectors.Pressure on stock markets increased after US President Donald Trump announced the introduction of 25% tariffs for Canada and Mexico from March 4.
According to Jeffrey Kendrick, head of digital assets at Standard Chartered, amid increasing risks, investors began to avoid risky assets, which also hit cryptocurrencies.
An additional indicator of growing pessimism was the index of fear and greed, which dropped to 25 points – the minimum level over the past five months.
The crypto market isn't just about numbers—it's a complex ecosystem where politics, technology, and economics intertwine. In my news coverage, I strive not merely to recount events, but to analyze their real impact on the market. My goal is to make cryptocurrency news clear, accessible, and objective.
