{"id":24220,"date":"2026-03-22T13:26:18","date_gmt":"2026-03-22T13:26:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-and-altcoins-struggle-while-siren-soars-to-new-heights\/"},"modified":"2026-03-22T13:26:23","modified_gmt":"2026-03-22T13:26:23","slug":"bitcoin-and-altcoins-struggle-while-siren-soars-to-new-heights","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-and-altcoins-struggle-while-siren-soars-to-new-heights\/","title":{"rendered":"Bitcoin and altcoins struggle, while SIREN soars to new heights"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Bitcoin and most altcoins experienced a decline in value following recent geopolitical developments, with Bitcoin facing rejection at $71,000.\u00a0<\/p>\n<div id=\"cn-block-summary-block_3af9b70ebef37450bb934b0caa9a3a14\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin and altcoins see sharp declines, while SIREN surges 90% in 24 hours.<\/li>\n<li>Ethereum, XRP, and Solana follow Bitcoin\u2019s downward trend, losing significant value.<\/li>\n<li>The crypto market cap drops $200B as macroeconomic factors weigh heavily on prices.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The broader cryptocurrency market, including Ethereum, XRP, and other major tokens, followed Bitcoin\u2019s downward trend. Meanwhile, one altcoin, SIREN, managed to defy the market slump with a significant surge.<\/p>\n<p>Bitcoin\u2019s 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.\u00a0<\/p>\n<p>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.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>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.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Altcoins follow Bitcoin\u2019s decline<\/strong><\/h2>\n<p>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.<\/p>\n<p>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 are down by 3-4%.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Crypto market overview | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptobubbles.net\/\" target=\"_blank\" rel=\"nofollow\">Crypto Bubbles<\/a><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>SIREN defies the market slump<\/strong><\/h2>\n<p>While the majority of the crypto market faced losses, SIREN, an AI-focused cryptocurrency operating on the BNB chain, saw a remarkable surge. The token skyrocketed by 90% in the past 24 hours, reaching a new all-time high of over $1.70.\u00a0<\/p>\n<p>SIREN\u2019s performance stands in contrast to the broader market slump, making it one of the standout performers during this period of market uncertainty.<\/p>\n<p>Moreover, the total cryptocurrency market cap has taken a hit, shedding nearly $200 billion since Wednesday morning. As of the latest data, the total market cap stands at $2.43 trillion. This decline is a direct result of the drop in Bitcoin and altcoin prices, which have been influenced by both macroeconomic factors and market sentiment following the FOMC meeting.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and most altcoins experienced a decline in value following recent geopolitical developments, with Bitcoin facing rejection at $71,000.\u00a0 Summary Bitcoin and altcoins see sharp declines, while SIREN surges 90%&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24220"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24220\/revisions"}],"predecessor-version":[{"id":24221,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24220\/revisions\/24221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15232"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}