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Cryptocurrency News Articles

Bitcoin Drops Below $91K, Wiping Out $100B in Market Value. Analysts List Top Altcoins Like XRP, ONDO, ETH, SOL, and ADA to Watch

Feb 25, 2025 at 03:04 pm

Crypto crash deepens! Bitcoin, Ethereum, and altcoins fall sharply. Experts highlight top coins to stack during the downturn.

Bitcoin Drops Below $91K, Wiping Out $100B in Market Value. Analysts List Top Altcoins Like XRP, ONDO, ETH, SOL, and ADA to Watch

Bitcoin's price dropped below $91,000 on Monday, marking its lowest point in months and triggering a broader sell-off in the cryptocurrency market.

This sharp decline, which saw over $100 billion in market value wiped out in just 24 hours, has brought renewed attention to the performance of altcoins. In light of this, cryptocurrency analyst Altcoin Daily has highlighted several top altcoins to watch during this downturn.

Here's a closer look at each altcoin:

1. XRP (XRP)

XRP is a stable cryptocurrency with strong potential for growth. Its new stablecoin, RLUSD, has quickly attained a supply of $120 million in just two months. XRP serves as a bridge currency within Ripple's network, facilitating more efficient trades. It's a solid choice for long-term growth in the cryptocurrency market.

2. Ondo Finance (ONDO)

Ondo Finance is a promising project that aims to integrate traditional finance into the blockchain. Through its new blockchain, Ondo Chain, it seeks to simplify the entry of large institutions into the cryptocurrency space. Backed by notable names in the industry, Ondo Finance is poised to make a mark in the future.

3. Ethereum (ETH)

Ethereum, a renowned cryptocurrency, boasts increasing adoption and strong institutional support, which bodes well for its performance in 2025. As Ethereum's network expands and attracts more companies, it becomes a safer option for investors looking to capitalize on promising cryptocurrencies.

4. Solana (SOL)

Solana has garnered attention for its fast transactions and low fees, which have contributed to its popularity despite some challenges. Experts anticipate a significant increase in its price by 2030, making it a promising cryptocurrency to consider for the future.

5. Cardano (ADA)

Cardano is currently exploring new avenues to connect with Bitcoin users, and this integration into Bitcoin DeFi (decentralized finance) could draw more attention to Cardano in 2025. It's a unique project that's certainly worth keeping an eye on in the evolving cryptocurrency landscape.

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FAQs

Bitcoin's recovery largely hinges on investor sentiment, macroeconomic conditions, and institutional interest, with analysts anticipating long-term growth despite volatility.

This market crash was primarily driven by Bitcoin falling below $91K, a $100B market wipeout, and a 3% decline in the stock market, highlighting the broader economic uncertainty impacting investors' decision-making.

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Other articles published on Feb 25, 2025