Bitcoins price movements worsened in the past 24 hours as the asset lost the $105,000 level and dropped by about three grand.

The altcoins have also turned red on a daily scale, with ETH sliding to $2,300, DOGE dropping to $0.35, and ADA losing the $1 level.

BTC Slips

The weekend went quite favorably for the primary cryptocurrency, as its price remained above $100,000 during the TRUMP-token wild ride. The landscape was quite different on Monday, at least during the morning Asian trading session.

BTC headed south as the day started and dumped from $106,000 to just under $100,000. After this massive price decline, though, came the bounce-off, which propelled the cryptocurrency to over $109,000 for the first time ever.

Following the latest all-time high, bitcoin started to lose value, which culminated during the Trump inauguration speech. As he failed to mention crypto or bitcoin even once, BTC slumped by several grand once again.

Alicia BakeryCMO - A really good agencyDid you like this market update?

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Invalid email address Your privacy is guranteed.Thanks for subscribing, you will get your first report in the next hours! Nevertheless, it recovered some ground on Wednesday and stood at around $105,000. The past 24 hours have been painful again, as BTC now sits at around $102,000. Its market cap has taken a hit, but it is still above $2 trillion, while the dominance over the alts is north of 55% on CG.

Alts in Red

Most alternative coins have headed south in the past 24 hours. Ethereum is close to breaking below $3,200 after a 2.6% daily decline. A similar decrease has pushed SOL to well below $250, while DOGE and ADA have dropped by more than 3%. Chainlink has lost the most value from the larger-cap alts, dropping by 6% to under $25.

Next in line in this adverse ranking are AVAX, SUI, and XLM, as well as PEPE, AAVE, VET, and CRO from the mid-cap alts.

The cumulative market capitalization of all cryptocurrency assets has seen just over $100 billion since yesterday and is down to $3.660 trillion on CG.

Cryptocurrency Market Overview. Source: QuantifyCrypto SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.