Rally

bullish

Solana

Bitcoin

<ul class="wp-block-list">
 <li>Bitcoin is down 5.9% since February after failing to break higher.</li>
 <li>Ethereum and Solana have dropped 16.9% and 33.1%, respectively.</li>
 <li>Memecoins, which surged 90.2%, have corrected by 37.4%.</li>
</ul>
The cryptocurrency market has lost its bullish momentum after Bitcoin ($BTC) failed to push into price discovery. Since February, Bitcoin has dropped 5.9%, struggling to maintain its previous uptrend. Investors had anticipated a breakout, but resistance at key levels halted further gains.
<h2 class="wp-block-heading" id="altcoins-face-heavy-losses">Altcoins Face Heavy Losses</h2>
The sell-off has been more severe for major altcoins. Ethereum ($ETH) has dropped 16.9%, while Solana ($SOL) has seen a sharper 33.1% decline. These losses reflect the broader market’s struggle as liquidity tightens and risk appetite weakens.
Memecoins, which saw a massive 90.2% surge in late 2024, have suffered the most. The sector has corrected by 37.4%, showing the volatility of speculative assets. These sharp declines suggest that traders are taking profits after explosive gains.
<blockquote class="twitter-tweet">
 Market's momentum has stalled after an attempt to push <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> into price discovery. <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> is down 5.9% since Feb, while <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> and <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> have dropped 16.9% and 33.1%. Memecoins, which surged 90.2% in late 2024, have seen the sharpest correction at -37.4% <a href="https://t.co/r3bgR1WY9E" target="_blank" rel="noopener noreferrer nofollow">https://t.co/r3bgR1WY9E</a> <a href="https://t.co/SFLnwCFn70" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/SFLnwCFn70</a>— glassnode (@glassnode) <a href="https://twitter.com/glassnode/status/1892518038332637533?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 20, 2025</a>
</blockquote>
<h2 class="wp-block-heading" id="what-s-next-for-the-market">What’s Next for the Market?</h2>
Despite the recent downturn, analysts remain cautiously optimistic about crypto’s long-term trajectory. Bitcoin’s upcoming halving event and macroeconomic factors could still drive renewed bullish sentiment. However, in the short term, investors should brace for continued volatility as the market seeks stability.
The post <a rel="noopener noreferrer nofollow" href="https://coinomedia.com/bitcoin-market-slowdown">Crypto Market Cools Off After Failed Bitcoin Rally</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinomedia.com">Coinomedia.com</a>.

Crypto Market Cools Off After Failed Bitcoin Rally

Table of Contents

CoinoMedia

Other articles published on Feb 20, 2025

Trump Considers Giving Americans Share of Savings from Musk’s DOGE

Solana’s Uptrend Holds at $170—Will Bulls Push Past $225?

Why did Coinbase CEO Brian Armstrong Call Bitcoin a Memecoin?

Trump floats 20% ‘dividend’ check, but DOGE savings still don’t add up

Eurosystem Expands DLT Settlement Initiative with Central Bank Money

Best Cryptos to Join for Long Term Before It Hits $10, Polkadot’s 2025 Targets, and Sui’s Web3 In...

Join our free newsletter for daily crypto updates!