TL;DR
- Bitcoin fell to just under $67,500 by Monday, marking a two-week low after losing momentum from last week’s $76,000 peak and rebounding above $68,000.
- Most major altcoins moved lower as well, with ETH, XRP, SOL, DOGE, HYPE, ADA and LINK all dropping roughly 2% to 3% today.
- SIREN stood out as the exception, surging to a new all-time high above $3.60 and extending its remarkable monthly gain to about 1,230%.
Bitcoin’s latest pullback has pushed the market back into a defensive mood just as traders were hoping the worst of last week’s turbulence had passed. The drop to a two-week low has reset sentiment across the board. After climbing as high as $76,000 on Tuesday, BTC lost momentum, slipped ahead of the year’s second FOMC meeting, briefly recovered when rates were left unchanged, and then resumed falling after Jerome Powell’s hawkish remarks. A weekend rebound toward $71,000 did not hold, and fresh geopolitical tension helped drive bitcoin below $67,500 before a recovery above $68,000.
Selling Pressure Returns as Altcoins Sink With BTC
The speed of the reversal is what stands out most. Bitcoin moved from six-week highs to renewed weakness in only a few sessions. Early last week, the asset had broken above the $74,000 resistance and looked ready to extend higher, but that advance quickly stalled again. What followed was a sequence of lower levels: around $71,000 before the Fed decision, $69,000 after the policy meeting and, by Monday, a two-week low just under $67,500. Even after bouncing slightly, bitcoin’s market capitalization slipped to about $1.360 trillion, while its dominance over altcoins hovered near 56.4%.
Altcoins have offered little shelter during the slide. Most larger-cap tokens are posting fresh losses instead of absorbing the shock. Ethereum, XRP, Solana, Dogecoin, HYPE, Cardano and Chainlink all fell by roughly 2% to 3% over the same period, reinforcing how broad the daily risk-off move has become. Other names, including MNT, SKY, BGB and SUI, also stayed under pressure as the red wave spread across the market again. The total crypto market capitalization continued struggling to remain above $2.4 trillion, leaving the sector down about $200 billion from the peak reached last Tuesday.
One notable exception has only made the broader weakness look starker. While the market bleeds, SIREN is trading as if it belongs to a different cycle altogether. The AI-focused token on BNB Chain continued its run with another double-digit daily surge, extending its monthly gain to about 1,230% and printing a fresh all-time high above $3.60 before easing back toward $3. That contrast matters because it highlights what the current market is rewarding: isolated narrative strength, not broad participation. For now, bitcoin is slipping, altcoins are retreating, and selective speculation is replacing market-wide conviction.