The cryptocurrency market is experiencing one of the sharpest declines in recent months. According to estimates by specialized media, over the past 41 days, the total market capitalization has fallen by approximately $1.1 trillion, and Bitcoin has fallen by almost 25% from its historic October high of over $126,000 to levels below $95,000.
Against this backdrop, most major cryptocurrencies are trading in the red. Over the past week, Ethereum has lost more than 11%, falling to around $3,200, Solana has fallen by about 15% to $141, and XRP has fallen by more than 9%. Analysts note that the fall in Bitcoin triggered a chain reaction among the major altcoins: XRP, BNB, Solana, Cardano, and Zcash showed declines of 5-12% per day on certain days.
The riskiest segments of the market fell the hardest. Against the backdrop of general uncertainty, the value of meme tokens and speculative altcoins is declining significantly. Certain themed coins, such as Rizzmas (RIZZMAS) and SANTA, lost about 30% and 48% respectively in a week, demonstrating high sensitivity to liquidity outflows and declining interest from retail investors. In annual terms, certain meme tokens, including PEPE, have already lost up to 80% of their value, according to analysts’ estimates.
Medium and small-cap cryptocurrencies are seeing double-digit declines every day. According to some platforms, tokens such as Supra, DMAIL Network, Verasity, Stafi, and LooksRare regularly make it onto the list of daily outsiders, losing between 14% and 18% or more in a day. This segment is characterized by low liquidity, so any large sales lead to sharp price drops.
Macroeconomic factors are putting additional pressure on the market. Against the backdrop of declining expectations of a rapid easing of Fed policy, some investors are exiting risky assets. Spot Bitcoin ETFs in the US are seeing their highest outflows since February on some days, and the crypto market fear index has fallen to three-year lows, according to estimates by analytical resources.
For investors, the current correction means that the leaders of the decline are most often those assets that showed the greatest dynamics in the previous growth phase and attracted speculative capital. In the short term, the market remains influenced by sentiment and news related to the monetary policy of the largest central banks. In the medium term, the key issue will be the ability of the largest cryptocurrencies to maintain long-term support levels and restore the confidence of institutional players.
Source: https://www.fixygen.ua/news/20251117/kriptorinok-u-chervoniy-zoni-analiz-fixygen.html
