The crypto market experienced a crash this week, with Ethereum, Ripple, Cardano, Binance Coin, and Solana all suffering losses. Ethereum fell to $2,100 before partially recovering to around $2,700, closing the week with a 16% loss. XRP saw a sharp reversal, falling to $1.8 before settling around $2.3, ending the week with a 24% loss. Cardano fell to $0.5 before recovering slightly, closing the week with a 21% loss. Binance Coin fell to $500, closing the week with a 15% loss. Solana fell under $200 and closed the week with a 19% loss. These price actions have turned most charts bearish, with key support levels to watch for each cryptocurrency. The market sentiment remains bearish, and a correction period may be needed before prices begin to rise again.
Content Editor ( cryptopotato.com )
- 2025-02-07
Crypto Price Analysis February-07: ETH, XRP, ADA, BNB, and SOL
