Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K

Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K

A renewed wave of selling briefly pushed Bitcoin price below $45,000 and the majority of altcoins saw their double-digit losses increase. Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop the descent.The majority of altcoins and DeFi tokens are now even deeper into their double-digit losses and Bitcoin....


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