• bitcoinBitcoin (BTC) $ 94,820.00
  • ethereumEthereum (ETH) $ 1,802.76
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.29
  • bnbBNB (BNB) $ 607.83
  • solanaSolana (SOL) $ 147.89
  • usd-coinUSDC (USDC) $ 0.999996
  • dogecoinDogecoin (DOGE) $ 0.179950
  • cardanoCardano (ADA) $ 0.705335
  • tronTRON (TRX) $ 0.247805
  • staked-etherLido Staked Ether (STETH) $ 1,801.62
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 94,754.00
  • suiSui (SUI) $ 3.54
  • chainlinkChainlink (LINK) $ 15.07
  • avalanche-2Avalanche (AVAX) $ 21.91
  • stellarStellar (XLM) $ 0.282085
  • leo-tokenLEO Token (LEO) $ 9.00
  • the-open-networkToncoin (TON) $ 3.28
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • hedera-hashgraphHedera (HBAR) $ 0.189443
  • usdsUSDS (USDS) $ 0.999984
  • wrapped-stethWrapped stETH (WSTETH) $ 2,164.37
  • bitcoin-cashBitcoin Cash (BCH) $ 371.49
  • litecoinLitecoin (LTC) $ 86.76
  • polkadotPolkadot (DOT) $ 4.29
  • hyperliquidHyperliquid (HYPE) $ 18.49
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.42
  • wethWETH (WETH) $ 1,803.29
  • moneroMonero (XMR) $ 272.24
  • ethena-usdeEthena USDe (USDE) $ 0.999506
  • pi-networkPi Network (PI) $ 0.610452
  • whitebitWhiteBIT Coin (WBT) $ 29.32
  • wrapped-eethWrapped eETH (WEETH) $ 1,922.59
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 94,902.00
  • pepePepe (PEPE) $ 0.000009
  • aptosAptos (APT) $ 5.57
  • bittensorBittensor (TAO) $ 381.76
  • uniswapUniswap (UNI) $ 5.44
  • daiDai (DAI) $ 0.999909
  • okbOKB (OKB) $ 52.05
  • ondo-financeOndo (ONDO) $ 0.979240
  • nearNEAR Protocol (NEAR) $ 2.55
  • susdssUSDS (SUSDS) $ 1.05
  • official-trumpOfficial Trump (TRUMP) $ 14.39
  • gatechain-tokenGate (GT) $ 22.32
  • internet-computerInternet Computer (ICP) $ 5.10
  • ethereum-classicEthereum Classic (ETC) $ 17.07
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 166.61
  • kaspaKaspa (KAS) $ 0.096110
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.20
  • crypto-com-chainCronos (CRO) $ 0.090745
  • mantleMantle (MNT) $ 0.736084
  • vechainVeChain (VET) $ 0.027537
  • render-tokenRender (RENDER) $ 4.53
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.240592
  • cosmosCosmos Hub (ATOM) $ 4.47
  • algorandAlgorand (ALGO) $ 0.232575
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 94,606.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.725142
  • ethenaEthena (ENA) $ 0.335987
  • filecoinFilecoin (FIL) $ 2.80
  • fasttokenFasttoken (FTN) $ 4.29
  • celestiaCelestia (TIA) $ 2.94
  • sonic-3Sonic (prev. FTM) (S) $ 0.518205
  • arbitrumArbitrum (ARB) $ 0.336103
  • bonkBonk (BONK) $ 0.000020
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.10
  • worldcoin-wldWorldcoin (WLD) $ 1.15
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999298
  • jupiter-exchange-solanaJupiter (JUP) $ 0.475009
  • kucoin-sharesKuCoin (KCS) $ 10.68
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 94,690.00
  • blockstackStacks (STX) $ 0.858474
  • optimismOptimism (OP) $ 0.787715
  • xdce-crowd-saleXDC Network (XDC) $ 0.082258
  • makerMaker (MKR) $ 1,531.20
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.22
  • nexoNEXO (NEXO) $ 1.21
  • flare-networksFlare (FLR) $ 0.018165
  • sei-networkSei (SEI) $ 0.219581
  • story-2Story (IP) $ 4.14
  • quant-networkQuant (QNT) $ 76.39
  • fartcoinFartcoin (FARTCOIN) $ 1.10
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,802.44
  • immutable-xImmutable (IMX) $ 0.587382
  • eosEOS (EOS) $ 0.689443
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,877.95
  • injective-protocolInjective (INJ) $ 10.00
  • usdt0USDT0 (USDT0) $ 1.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.46
  • the-graphThe Graph (GRT) $ 0.100056
  • wbnbWrapped BNB (WBNB) $ 607.88
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • raydiumRaydium (RAY) $ 3.02
  • curve-dao-tokenCurve DAO (CRV) $ 0.650906
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,045.80
  • flokiFLOKI (FLOKI) $ 0.000087
  • iotaIOTA (IOTA) $ 0.224210
  • jasmycoinJasmyCoin (JASMY) $ 0.016962
  • tether-goldTether Gold (XAUT) $ 3,316.22
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • coredaoorgCore (CORE) $ 0.788385
  • bitcoin-svBitcoin SV (BSV) $ 39.59
  • pax-goldPAX Gold (PAXG) $ 3,319.00
  • walrus-2Walrus (WAL) $ 0.621871
  • galaGALA (GALA) $ 0.017507
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 93,132.00
  • theta-tokenTheta Network (THETA) $ 0.761940
  • lido-daoLido DAO (LDO) $ 0.848325
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 94,870.00
  • dexeDeXe (DEXE) $ 13.17
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 163.33
  • heliumHelium (HNT) $ 4.11
  • the-sandboxThe Sandbox (SAND) $ 0.302591
  • clbtcclBTC (CLBTC) $ 94,291.00
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • msolMarinade Staked SOL (MSOL) $ 190.59
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011489
  • bittorrentBitTorrent (BTT) $ 0.00000072
  • kaiaKaia (KAIA) $ 0.118046
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,919.10
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.11
  • usual-usdUsual USD (USD0) $ 0.997598
  • flowFlow (FLOW) $ 0.408602
  • solayerSolayer (LAYER) $ 3.07
  • based-brettBrett (BRETT) $ 0.064137
  • chain-2Onyxcoin (XCN) $ 0.018841
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999368
  • movementMovement (MOVE) $ 0.249208
  • decentralandDecentraland (MANA) $ 0.327021
  • dogwifcoindogwifhat (WIF) $ 0.607485
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.21
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • tezosTezos (XTZ) $ 0.566555
  • jito-governance-tokenJito (JTO) $ 1.83
  • pyth-networkPyth Network (PYTH) $ 0.159904
  • zcashZcash (ZEC) $ 35.72
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,887.21
  • deepDeepBook (DEEP) $ 0.226496
  • pendlePendle (PENDLE) $ 3.38
  • spx6900SPX6900 (SPX) $ 0.574174
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009407
  • dydx-chaindYdX (DYDX) $ 0.669827
  • mantra-daoMANTRA (OM) $ 0.533319
  • kavaKava (KAVA) $ 0.461050
  • aerodrome-financeAerodrome Finance (AERO) $ 0.613560
  • telcoinTelcoin (TEL) $ 0.005389
  • true-usdTrueUSD (TUSD) $ 0.999388
  • elrond-erd-2MultiversX (EGLD) $ 17.46
  • thorchainTHORChain (RUNE) $ 1.40
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999994
  • beldexBeldex (BDX) $ 0.068060
  • ubtcuBTC (UBTC) $ 94,865.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 94,716.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.410722
  • pumpbtcpumpBTC (PUMPBTC) $ 92,372.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,886.17
  • arweaveArweave (AR) $ 7.14
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999998
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.179770
  • ecasheCash (XEC) $ 0.000023
  • starknetStarknet (STRK) $ 0.154892
  • grassGrass (GRASS) $ 1.63
  • apecoinApeCoin (APE) $ 0.559357
  • neoNEO (NEO) $ 6.30
  • tbtctBTC (TBTC) $ 94,642.00
  • axie-infinityAxie Infinity (AXS) $ 2.65
  • ousgOUSG (OUSG) $ 110.86
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,805.54
  • apenftAPENFT (NFT) $ 0.00000043
  • conflux-tokenConflux (CFX) $ 0.081932
  • matic-networkPolygon (MATIC) $ 0.240612
  • wormholeWormhole (W) $ 0.090740
  • chilizChiliz (CHZ) $ 0.042885
  • hashnote-usycHashnote USYC (USYC) $ 1.09
  • berachain-beraBerachain (BERA) $ 3.73
  • usdbUSDB (USDB) $ 0.999523
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,918.97
  • super-oethSuper OETH (SUPEROETHB) $ 1,801.70
  • compound-governance-tokenCompound (COMP) $ 42.82
  • justJUST (JST) $ 0.038462
  • beam-2Beam (BEAM) $ 0.007248
  • popcatPopcat (POPCAT) $ 0.379558
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,804.59
  • akash-networkAkash Network (AKT) $ 1.44
  • olympusOlympus (OHM) $ 21.66
  • axelarAxelar (AXL) $ 0.373531
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999628
  • roninRonin (RON) $ 0.566330
  • amp-tokenAmp (AMP) $ 0.004123
  • sun-tokenSun Token (SUN) $ 0.017983
  • saros-financeSaros (SAROS) $ 0.131172
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,798.15
  • turboTurbo (TURBO) $ 0.004996
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.822685
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000063

Why is the Bitcoin Price Falling? What’s Behind the Sudden Drop? Analysts Answer

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Why is the Bitcoin Price Falling? What’s Behind the Sudden Drop? Analysts Answer

Cryptocurrency analytics firm QCP Capital has published an assessment of the recent decline in the crypto market, attributing the decline to a combination of geopolitical events and market liquidations.

The decline followed news of a second assassination attempt on former US President Donald Trump, which sent shockwaves through financial markets. That incident, combined with the liquidation of about $70 million worth of long positions during low-liquidity trading hours before Asian markets opened, deepened losses, according to the analyst firm.

The crypto market struggled over the weekend, failing to break above the $61,000 mark for Bitcoin, according to QCP. The attempted assassination of Trump was the catalyst for a sharper drop in prices, exacerbated by liquidations in a thinly traded market that made the market more vulnerable to sudden swings.

Despite the bearish sentiment, however, QCP noted that Bitcoin showed resilience the last time a major geopolitical event involving Trump occurred. Following Trump’s first assassination attempt on July 13, Bitcoin surged 13.8%, rising from $58,000 to $66,000 in the same week. This has led to speculation as to whether a similar recovery could occur in the coming days.

According to the analytics firm, this week looks set to be particularly eventful for crypto markets. The FOMC meeting on Wednesday, September 18, is expected to be a critical moment as the market awaits the first Fed rate cut of this cycle. Uncertainty remains over whether the cut will be 25 basis points or 50 basis points, with market sentiment shifting toward the latter. The probability of a 50 basis point cut has risen to 59%, up from just 30% last week, reflecting increased market volatility and anxiety.

Additionally, the Token2049 conference, which brings together key players in the crypto space, is ongoing. According to QCP, this event, combined with the FOMC decision, adds to the volatility potential of the market.

QCP also noted a sharp increase in volatility across major cryptocurrencies. On Friday, implied volatility for Bitcoin rose by 8 points, while Ethereum’s volatility rose by 20 points, signaling heightened uncertainty and the potential for large price swings. As macroeconomic factors weigh heavily on markets, any unexpected data could exacerbate these trends, analysts said.

*This is not investment advice.

Source

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