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The selloffs, triggered by Trump’s pro-tariffs statements on Monday, saw Bitcoin positions losing $530M, Ethereum price wiped out by $294M, and Solana shedding another $112M as it plunged over 15%. Binance Coin and XRP weren’t spared either, sinking 6.5% and 11.4%, respectively, aggregating to over $1.5 billion in liquidations in the overall market.
Hundreds of alts are still edging towards the red, leaving many asking if the crypto market has bottomed out or if there is still worse to come. Read till the end to find out our take on Solana’s price movements, BNB’s fluctuations and the next move for Ethereum price.
Next Move For Ethereum Price
Things have taken a sour turn for Ethereum price trajectory. Ethereum suffered a steep loss within the last 24 hours, plunging by 10.27%. The recent Ethereum price drop in the previous 24 hours was unexpected, particularly since bulls upheld a crucial support level of $2,700, even in the wake of Bybit’s $1.5 billion hack over the weekend.
However, the massive sell-offs saw the Ethereum price trajectory break below the $2,600, $2,500, and $2,400 support levels in quick succession. And to worsen things, for the blue-chip, technical analysis shows a possible decline below the $2,000 support could really happen.
Solana Price Movements
Solana started the year well, standing tall at the top of the market and reaching a new peak of $285 around mid-January. But February hasn't been a good month for Solana. Solana's price tumbled by about 19.5% in the last week alone, only to further drop to its current price of roughly $137. At the time of writing, Solana's market capitalization had collapsed to about $68.66B.
Moreover, technical indicators such as the RSI confirm Solana is firmly in oversold territory. This, however, hints at a situation where sellers might lose their grip soon, which could see Solana consolidate briefly before a price reversal.
BNB’s Fluctuations
In the fury of successive events, BNB has also been a victim of market fluctuations. In the early hours of Monday, BNB traded above $660 support but quickly crashed to $606.81 over 24 hours later. In a larger time frame, the price of the BNB keeps falling after yesterday's bearish closure.
Binance Coin has now suffered an accumulated loss of 11.34% over the past month. As it stands, the price charts show BNB price trajectory is firmly in the hands of sellers, with no signs of easing pressure, a significant change from the previously strong buying sentiment.
The prices of alts have kept falling and we can't really say whether there is a bottom out of the recent crash or if there is worse to come. What we can say is in times like this, savvy investors accumulate projects with huge upside potential to make up for losses.
Remittix: The PayFi Protocol With Huge Upside Potential
Remittix is a new PayFi protocol developed to cater to a gap in today’s crypto market. This market gap in numbers sums up to a whopping $183T, a big part of why experts are beyond sure of the project’s success in 2025.
Remittix’s innovative platform would efficiently allow users to make crypto-to-fiat transactions without delays. Businesses would now be able to move a large sum without complex regulatory issues, lengthy processing times or exorbitant transfer charges.
The project’s flat fee model upstages the unnecessary spending of businesses and entrepreneurs in the time past whenever they made cross-border payments. This implies when a user makes a fiat deposit using his crypto holdings, the exact amount deposited is received by the recipient.
With innovations like Remittix, users are expected to enjoy faster and cheaper cross-border transactions. Remittix adoption is likely to soar once it launches; hence investors are urged to claim their RTX tokens at a pricy fee of $0.0671 each before it experiences moonshot.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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