Total capitalization of the Crypto Market (Totalcap) and Bitcoin (BTC) fell over the weekend after ambiguous statements by US President Donald Trump about the economy, increasing recession fears. Uncertainty also affected the Altcoins, with Jasmycoin (Jasmy) plummeting 14.7% in the last 24 hours.

In today’s news (10)

• Binance banned a Goplus Security (GPS) and Myshell (Shell) market trainer for policy violations involving double market share. Exchange permanently disabled the entity and confiscated its illicit gains. The recovered funds will be redistributed to the affected holders of the GPS and Shell tokens.
• Mark Meatary, a former central and critic of Bitcoin, was announced as the new Prime Minister of Canada by the Liberal Party. He has been opposed to Bitcoin since 2018, claiming that his fixed offer drives speculation. Carney also intends to combat US tariffs as part of her economic strategy.

The crypto market falls again

Total capitalization of the crypto market has dropped $ 148 billion in the last 24 hours as investors’ feeling has weakened. Concerns increased after Trump’s uncertain stance on a possible recession, generating uncertainty in the financial markets. The crypto market has reacted rapidly, resulting in widespread settlements of large digital assets.

During the minimum of the day, the total capitalization of the Crypus Market (Total) fell to US $ 2.59 trillion before recovering lightly to the current level of $ 2.65 trillion. However, the market remains fragile and without stronger support, it may fall below the critical level of $ 2.58 trillion.

A recovery scenario depends on the total capitalization of the crypto market to keep support at $ 2.63 trillion. If this level remains, the rise boost could grow, leading the market to $ 2.75 trillion. Breaking this resistance would invalidate bass concerns.

Bitcoin fell to $ 80,000

Bitcoin’s price suffered a sharp drop over the weekend, falling from $ 86,000 to $ 80,000 on Sunday. However, BTC has achieved a partial recovery and is being negotiated at $ 81,792. The strong devaluation has generated concerns, but Bitcoin’s resilience to stay over $ 80,000 suggests potential stabilization in the coming days.

The possibility of new falls remains low unless macroeconomic conditions get worse significantly. As long as global financial markets remain stable, the BTC is expected to consolidate between $ 80,000 and $ 82,761.

If Bitcoin can exceed $ 82,761, it could recover the rise, potentially advanced to $ 85,000. A breach of this level would invalidate lower concerns and indicate strength, helping Bitcoin recover a significant part of their recent losses.

Jasmycoin reaches a minimum of 13 months

Jasmy has suffered the biggest loss in the market today, plummeting 14% in the last 24 hours. Altcoin is being negotiated at $ 0.0137, maintaining just above its key support at $ 0.0134. The strong fall highlights the continuous salesman pressure, raising concerns about a possible additional decline in the short term.

This fall led to Jasmy to its lower price level in 13 months, the last time in February 2024. Death Cross from mid -February intensified the devaluation, reinforcing the lower moment. If the sales pressure continues, Jasmy may fall below $ 0.0134, testing the next $ 0.0121 support and further expanding his losses.

In addition, a reversal is still possible if Jasmy can exceed $ 0.0150 and recover $ 0.0164 as a support. However, a break in these levels would invalidate the bass perspective and restore investor confidence.