Why is TAC’s price down today? (23/02/2026)

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## TLDR
TAC Protocol is down 0.81% to $0.00402 in 24h, a modest decline closely tracking a broader market selloff. The move is primarily driven by beta-driven pressure as Bitcoin fell 2.61%, with thin liquidity amplifying the drift.

1.  **Primary reason:** Broader market decline, as Bitcoin dropped 2.61% amid macro uncertainty and weak liquidity, pulling down correlated altcoins like TAC.
2.  **Secondary reasons:** Thin liquidity for TAC, with a turnover ratio of 0.13, means even modest selling pressure can have an outsized impact on price.
3.  **Near-term market outlook:** If Bitcoin stabilizes above $64,800, TAC could consolidate near $0.0040; a break below risks a test of $0.0038. Watch for any project-specific developments to provide independent momentum.

## Deep Dive
### 1. Beta-Driven Market Pressure
**Overview:** The primary driver is correlation with a falling broader market. Bitcoin dropped 2.61% to around $66,304, with analysts citing "macro uncertainty" from geopolitical tensions and weak market liquidity as key pressures ([CoinDesk](https://www.coindesk.com/markets/2026/02/23/circle-internet-crypto-miners-report-earnings-crypto-week-ahead)). TAC's 0.81% decline is directionally aligned but less severe, indicating it followed the market's downward beta.

**What it means:** TAC's price action is currently more reactive to overall crypto sentiment than driven by its own fundamentals.

### 2. Thin Liquidity Exacerbating Moves
**Overview:** No clear coin-specific catalyst was visible in the provided data. TAC's market is illiquid, with a 24-hour volume of $1.47 million against a $10.95 million market cap. This low turnover ratio of 0.13 means the market lacks depth, so even small trades can cause disproportionate price swings.

**What it means:** The modest decline was likely amplified by the coin's inherent illiquidity, not a fundamental breakdown.

### 3. Near-term Market Outlook
**Overview:** The immediate path is tied to Bitcoin's stability. A key watch is Bitcoin holding the $64,800 support level cited by analysts ([Yahoo Finance](https://finance.yahoo.com/news/bitcoin-falls-below-65-000-032326608.html)). For TAC, if the broader market steadies, it may range between $0.0039 and $0.0041. A break below $0.0039 could trigger a test of the next support near $0.0038.

**What it means:** The trend is neutral-to-bearish, contingent on macro cues and Bitcoin's price action.
**Watch for:** Bitcoin reclaiming $68,000 to shift market sentiment, or any TAC-specific news to decouple its price from beta.

## Conclusion
**Market Outlook: Neutral-Bearish Pressure**
TAC's price dipped primarily due to a risk-off move across crypto markets, exacerbated by its own thin liquidity.
**Key watch:** Whether TAC can develop independent momentum or continues to be dictated by Bitcoin's struggle to hold $65,000.

Latest TAC Protocol (TAC) Price Analysis

Deep Dive

1. Beta-Driven Market Pressure

2. Thin Liquidity Exacerbating Moves

3. Near-term Market Outlook

Conclusion

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