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Bitcoin Drops 2% Amid $78.88M Liquidations, TRUMP Meme Coin Surges 12%

Coin WorldThursday, Mar 13, 2025 11:57 pm ET
1min read

The crypto market experienced significant fluctuations on March 14, with Bitcoin (BTC) slipping below $82,000 during early Asian trading hours. This decline was accompanied by a mixed performance among altcoins, while TRUMP, a meme coin, surged by 10%.

Bitcoin's price dropped by over 2%, trading at $81,998. The 24-hour low and high for BTC were $79,931.85 and $84,158.76, respectively. The decline in Bitcoin's price was attributed to liquidations worth $78.88 million over the past day, which contributed to the volatility. Additionally, Bitcoin's market dominance decreased by 0.51% to 60.80%, suggesting that altcoins were performing relatively better.

Ethereum (ETH) also experienced a slight dip, with its price decreasing by 0.3% to $1,888. The 24-hour low and high for ETH were $1,823.53 and $1,919.69, respectively. Ethereum recorded liquidations worth $37.27 million over the past day. ETH's market dominance remained at 8.5%, indicating that other altcoins were gaining traction.

XRP, the native token of Ripple, saw a 2% increase in price, closing at $2.28. The coin's 24-hour low and high were $2.22 and $2.34, respectively. This price surge coincided with Ripple securing a DFSA license, allowing it to expand into Dubai's market. This development is significant as it comes amidst global efforts to approve ETFs.

Solana (SOL) followed the broader market trend, with its price falling by nearly 1% to $124. The 24-hour low and high for SOL were $120.91 and $128.16, respectively. Solana recorded slight liquidations worth $8.61 million in the past 24 hours.

In the meme coin sector, Dogecoin (DOGE) and Shiba Inu (SHIB) experienced declines. DOGE's price fell by 2% to $0.1680, while SHIB's price decreased by 0.5% to $0.00001227. Pepe Coin (PEPE) also saw a 7% drop to $0.000006797.

TRUMP, a meme coin, emerged as the top gainer, with its price surging by 12% to $11.81. Other notable gainers included Kava (KAVA), which saw an 8% increase to $0.4681, and sonic (S), which rose by 7% to $0.5004. On the other hand, Story (IP) was the top loser, with its price dropping by 9% to $5.72. Ethena (ENA) and Movement (MOVE) also experienced significant declines, with ENA's price falling by 8% to $0.3351 and MOVE's price decreasing by 6% to $0.4477.

Overall, the crypto sector experienced a bearish movement, despite recent optimistic developments such as the U.S. strategic Bitcoin reserve announcement. The market's volatility was exacerbated by macroeconomic factors, including Trump's tariffs saga, which continued to put pressure on risk assets globally.

Comments

Post
Debbie
18 hour ago

𝗧𝗿𝘂𝘀𝘁 𝗺𝗲 𝗶𝘁𝘀 𝗮𝘄𝗲𝘀𝗼𝗺𝗲! 𝗜𝘁'𝘀 𝗻𝗼𝘁 𝗮𝗯𝗼𝘂𝘁 watching 𝘁𝗵𝗲 𝘃𝗶𝗱𝗲𝗼𝘀 𝗮𝗻𝗱 wasting 𝘆𝗼𝘂𝗿 𝘁𝗶𝗺𝗲 𝗼𝗻 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀, 𝗜 𝘄𝗮𝘀 ignorant 𝗱𝗼𝗶𝗻𝗴 𝘀𝗼 𝘁𝗵𝗲𝗻 𝗜 decided 𝘁𝗼 𝘁𝗿𝘆  @ 𝗗iana Goulding she 𝗵𝗮𝘀 𝗺𝗮𝗱𝗲 𝗺𝗲 𝗮𝗯𝗼𝘂𝘁 $𝟭𝟲𝗸 𝗳𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 $𝟰𝗸 𝗜 𝗶𝗻𝘃𝗲𝘀𝘁𝗲𝗱. 𝗗𝗺 𝘃𝗶𝗮 𝐖𝐭𝐬𝐩✙ 𝟏𝟐𝟐𝟑𝟐𝟖𝟑𝟕𝟑𝟔𝟖..

0
Traditional-Jump6145
18 hour ago
@Debbie Cool
0
Stevitop
03/14
XRP gains on Ripple news, Dubai bound? 💸
0
MrJSSmyth
23 hour ago
@Stevitop Ripple's move to Dubai might pump XRP, but it's a long play.
0
OneTrickPony_82
03/14
Bitcoin dip? No surprise with $78M liquidations.
0
girldadx4
23 hour ago
@OneTrickPony_82 Sarcasm not needed, just HODL and chill.
0
PvP_Noob
20 hour ago
@OneTrickPony_82 Liquidations shake the market, no surprise BTC dips.
0
CardiologistEasy4031
03/14
Doge down, but I'm still holding my $DOGE bag.
0
surveillance_raven
03/14
What's up with $BTC, yo? Can't seem to hold steady. Meanwhile, meme coins like $TRUMP are flexing hard. 🤔
0
grailly
03/14
Bitcoin's dip got me 🤔, but holding long-term. Altcoins showing promise, but watch that volatility. What's your play?
0
skarupp
21 hour ago
@grailly How long you planning to hold BTC? Any specific altcoins catching your eye?
0
SuperNewk
03/14
Meme coins going wild, TRUMP leading the charge. Not my usual vibe, but who knows, might snag some DOGE for laughs.
0
Orion_MacGregor
03/14
TRUMP coin popping off, hodl or nah? 🤔
0
Booknerdworm
21 hour ago
@Orion_MacGregor Hodl if you believe in the hype, but it's risky af. What's your time horizon for holding TRUMP coin?
0
lies_are_comforting
03/14
Ethereum slip, but SOL's fall was expected.
0
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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