February 28, 2025 05:46:55 UTC
What happened to Crypto today?
Bitcoin (BTC) fell below its simple 200 -day mobile average (SMA) on Friday, marking a weekly loss of 16% and briefly plunging below $ 80,000 for the first time since November 10. The decline was fed by renewed concerns on American prices, which strengthened demand for the US dollar. Altcoin like XRP, Solana (soil) and DOGE have seen even higher losses, with XRP lowering below the Fibonacci trace level of 23.6%. The announcement by President Trump of prices in Canada, Mexico and China further fueled the increase in the dollar, which pushed the dollar index to 107.30.
