Daily Crypto Signals: Bitcoin Plunges 15% to $83,000, Solana TVL Crashes 40% Amid $800B Market Wipeout
The cryptocurrency market has experienced severe volatility, with Bitcoin falling from all-time highs above $109,000 to around $83,000, while Solana has lost over 40% of its Total Value Locked (TVL) in just 30 days. Despite the downturn, Standard Chartered predicts Bitcoin could reach $500,000 before Trump’s term ends.
Crypto Market Updates
With an expected $800 billion wipeout affecting large assets all around, the crypto market is showing notable volatility. This adjustment coincides with a shifting regulatory environment as the SEC has dropped cases against several big cryptocurrency companies including Coinbase, Consensys, and Gemini, thereby indicating a possible Trump administration regulatory change.
House Democrats are getting ready to present the Modern Emoluments and Malfeasance Enforcement (MEME) Act, which would forbid public officials from distributing or supporting digital assets like the Trump token at the same time Public leaders should not use their political power for personal benefit, stressed Representative Sam Liccardo.
Macroeconomic issues—including President Trump’s tariff threats against China, Mexico, Canada, and maybe the European Union—have been blamed for the present downturn. While pending home sales have dropped to historic lows, U.S. unemployment claims have surged to a three-month high of 242,000, hence further complicating risk assets.
Bitcoin Price Prediction: $500K Next ATH Target?
From its all-time high of $109,000 achieved in January 2025, Bitcoin BTC/USD has dropped drastically lately hitting support below $82,000. Along with this 20% drop, notable spot Bitcoin ETF withdrawals reached $3.4 billion in February alone, with February 25th showing the highest single-day outflow of $1.13 billion since ETF founding.
Institutional attitude is still cautiously hopeful despite the current drop. Head of digital assets analysis for Standard Chartered Geoffrey Kendrick forecasts Bitcoin’s value this year to be $200,000 before skyrocketing to $500,000 before President Trump finishes his tenure. Kendrick mentioned clearer rules and more institutional acceptance as good triggers.
Large ETF outflows have traditionally followed price reversals, according to market analysts; data indicates that in 14 cases of notable flows, Bitcoin price has gone in the other way 93% of the time. Some analysts perceive the “extreme fear” levels the dread & Greed Index has attained not seen before 2022 as a possible purchasing opportunity.
Ethereum Stabilizes Near $2,300
Ethereum ETH/USD has undergone a severe 20% sell-off; prices have stabilised near $2,300 following a low of $2,255 — levels not seen since October 2024. With 30-day ETH futures trading at a 7% premium over spot prices, up from 6% two days ago, derivatives markets are exhibiting early indicators of recovery even with the dramatic drop.
With the ETH options skew still at -2%, firmly within the neutral range of -6% to 6%, options markets have shown amazing resilience over the price collapse. This shows whales’ and market players’ confidence even with the notable price reduction.
Reducing momentum in Solana’s memecoin sector could help Ethereum recover by enabling ETH to reestablish its supremacy in overall value locked. Future price action will probably rely on Ethereum’s capacity to provide scheduled upgrades and promote development of layer-2 solutions, so improving the base layer’s usefulness and strengthening staking rewards.
Solana TVL Dips by 40% as Memecoins Cool Off
Solana’s SOL/USD price dropped 41% over the past month; today it trades 52% below its all-time high of $295 on January 19. Along with a 40% drop in Total Value Locked (TVL) on the Solana blockchain, from an all-time high of $12.1 billion on January 24 to $7.4 billion now, this fall has coincided.
The main scattered uses for the ecosystem have witnessed significant TVL declines: Raydium lost 53%; Jupiter DEX, Jito liquid staking, and Save Lending decreased 25%, 41%, and 42% correspondingly. From $97 billion weekly in middle-January, on-chain traffic had dropped to only $11 billion this week.
With most tokens showing double-digit daily losses and 80–90% falls from their peaks, Solana’s memecoin sector has been especially affected. From $25 billion in December 2024 to $8.3 billion now, the aggregate Solana memecoin market capitalization dropped from 68% less than three months ago. Technically, SOL price is near important support at $135; analysts estimate additional drops to $110.
Hyperliquid Overtakes Solana in Trading Fees
Rising unexpectedly amid the market downturn, Hyperliquid has turned Solana in 7-day fees upside down. With $12.6 million in weekly fees produced by this distributed perpetual futures trading platform, Solana ($11.8 million), Tron ($10.2 million), and Raydium ($9.8 million) all pale compared.
Launched in December 2024 with its own Layer-1 blockchain, Hyperliquid uses a completely on-chain order book with minimal gas fees to let traders access up to 50x leverage on many assets. With just $638 million in TVL half of Raydium’s $1.25 billion and a quarter of Uniswap’s $4.22 billion, the platform has attained extraordinary fee efficiency.
Launched via an airdrop in November 2024, Hyperliquid’s native token HYPE rose to a $2 billion market value on day one and now commands a $6.7 billion valuation. The fee structure of the protocol funds HYPE buybacks and liquidity incentives by reining all fees back into the community. Hyperliquid, with daily volume of $9 billion, has become a fierce rival in the DeFi ecosystem; yet centralization raises questions given it apparently holds 78% of the stock.
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