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Tiring days continue for cryptocurrency investors, with Bitcoin (BTC) 
$81,308 priced at $82,650 at the time of writing. Such market downturns often lead to significant losses for altcoins. If the selling persists and the weekend stagnation translates into larger losses, we may witness further declines until the Fed’s interest rate decision.
FLOKI Coin’s Current Status
FLOKI Coin remains among the largest meme coins by market capitalization but has suffered considerable losses due to a downturn linked to the Solana 
$122 network. This has triggered excessive selling across many meme coins, pushing several below last year’s lows.
In a recent assessment, Phoenix cited examples from 2021 to uplift morale. The coin is currently resting at a major support level, having survived the 2021 cycle and achieved over 20x last year. However, in a declining environment, the price could potentially dip to as low as $0.000013, further straining investors.
The Ongoing Bitcoin (BTC) Decline
Since Trump’s presidency, supportive measures for crypto have had long-term effects. Yet, as discussions of global trade wars intensify, market uncertainties have become increasingly evident, leading to a weak risk environment. Cryptocurrencies are under pressure from sales and negative news, with the current state marked by heightened global uncertainty.
Experts provide insights, with Titan of Crypto sharing an Ichimoku analysis. Bitcoin’s price faces resistance from the Kumo Cloud on a four-hour chart, reflecting volatility and uncertainty in direction. Should the price exceed $86,000, it may escape this volatile environment to focus on recovery.
However, Kyle, who shared a concerning graph, noted that the decline is not over. Bitcoin has been in a selling phase since its drop from $108,000 in January 2025, with the Accumulation Trend Score indicating continued selling pressure.
