Nearly a quarter of the 200 largest cryptocurrencies sank at the lowest price level for one year, and analysts urged to predict the rebound of potential market cap and Altcoin.
The figures come from data shared by Jamie Coutts, a crypto analyst in Real Vision. On February 19, in X POST, coutts pointed out:
“February 7 washing was 24%of the 365 days of 200 days. It was the highest since August 5, 2024 (28%) and was low last year.”
“In the bear market, the> 30%reading value is common. Question: We are in the bear or bull market. ”
Top 200 cryptocurrencies. source: Jamie Coutts
According to Juan Pellicer, a senior research analyst of Crypto Intelligence Platform Intotheblock, the current recession can signal market cap.
Pellicer told Cointelegraph, “The recent market correction, which has recently been reduced to a significant liquidation (especially assets such as solana) and total encryption market cap to $ 3.13 trillion, is an intellectual for the surrender when excessive positions are washed.” .
In the financial market, Capitulation means investors who sell their status in panic, causing significant prices and signals to the imminent market floor before the next upward trend begins.
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Pellicer said that the current decline is likely to be temporary modifications for most tokens.
“The subtle impact of tariffs and the influence of AI evaluation (due to the deep influence) suggest that the bull market can continue. Therefore, this may be a part of these coins rather than simply the beginning of a wider recession. ”
Encryption investors’ sentiment depends on the ongoing trade tension between the United States and China.
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Memoin interferes with altcoin liquidity
Some encryption industry watchers are concerned about the extensive impact on Memecoin Frenzy’s cryptographic market among retail investors.
According to EDWIN MATA, co -founder and CEO of Europe’s real asset token platform, this can limit the capital and upward potential of the more extensive Altcoin market.
MATA added to Cointelewraph as follows:
“The rise of memo coins promoted by famous individuals distorted capital flow and made liquidity further.”
“This trend has introduced an additional layer of volatility and speculation, making it difficult to predict traditional market recovery patterns.”
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