The post Bitcoin and altcoins struggle, while SIREN soars to new heights appeared on BitcoinEthereumNews.com.

Bitcoin and most altcoins experienced a decline in value following recent geopolitical developments, with Bitcoin facing rejection at $71,000.  Summary Bitcoin and altcoins see sharp declines, while SIREN surges 90% in 24 hours. Ethereum, XRP, and Solana follow Bitcoin’s downward trend, losing significant value. The crypto market cap drops $200B as macroeconomic factors weigh heavily on prices. The broader cryptocurrency market, including Ethereum, XRP, and other major tokens, followed Bitcoin’s downward trend. Meanwhile, one altcoin, SIREN, managed to defy the market slump with a significant surge. Bitcoin’s price faced significant volatility this week, with a high of $76,000 on Monday after it broke above $74,000. However, its upward momentum was short-lived, and the price quickly returned to $74,000 by Wednesday.  Volatility spiked ahead of and after the Federal Open Market Committee (FOMC) meeting, with Bitcoin falling by $3,000 before the event. After the Federal Reserve decided to leave interest rates unchanged, Bitcoin briefly bounced back to $72,000.  However, hawkish comments from Fed Chairman Jerome Powell regarding no rate reductions in 2026 led to another drop, with Bitcoin reaching a three-week low of around $68,000. Despite efforts to recover, the cryptocurrency is still struggling to regain stability. Altcoins follow Bitcoin’s decline Ethereum has experienced a decline of over $300 since its peak of $2,400, dropping below $2,100. XRP also saw a sharp drop, rejected at $1.60, and now struggles below $1.40. Other prominent altcoins like Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Binance Coin (BNB), and Chainlink (LINK) are all down by 2-4% in the past 24 hours. One of the worst performers in this market downturn has been HYPE, which lost almost 5% of its value and now trades around $38. ZEC (Zcash) also experienced a significant drop, shedding 7% of its value. Other altcoins such as AAVE, DOT, and SUI…

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Filed under: News - @ March 22, 2026 1:23 pm