Crypto Markets Shed $250B Weekly as Bitcoin, Altcoins Bleed Out Heavily (Market Watch)
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The cryptocurrency market experienced a significant downturn, losing $250 billion in market capitalization over the past week. Bitcoin and altcoins have been heavily impacted, with XRP emerging as the worst-performing large-cap cryptocurrency during this period.
March 31, 2025 | 7:30 am
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NEGATIVE IMPACT
Bitcoin has been significantly impacted by the broader crypto market selloff, experiencing substantial price declines and contributing to the $250 billion market cap reduction.
The article directly mentions Bitcoin's poor performance and the overall market downturn, indicating a strong negative short-term price trajectory.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90