Bitcoins Toncoin (TON) Value Forecast for March 26th decreased, going under $67,000 this Tuesday. Worries regarding the financial situation are contributing to a larger scale cryptocurrency liquidation, given that investors generally lessen their involvement in higher-risk assets such as Bitcoin when financial unpredictability increases.
Does this current market downturn present an ideal chance for traders to purchase some Bitcoin for less? Geoff Kendrick, the global digital asset research head at Standard Chartered, suggests prudence.
According to an analysis report by *Coindesk* this Tuesday, Kendrick advises against any buying rushes during price drops. He expects a possible “$1 billion daily exit from [Exchange Traded Funds] before it is the appropriate time to enter.”
Based on figures from Farside Investors, Monday witnessed traders withdrawing a substantial $539 million from spot Bitcoin ETFs. This represents the second biggest day for outflows in 2025 and is the fifth largest since these ETFs started trading in January 2024.
Notably, Kendrick, together with crypto asset manager Bitwise, earlier predicted Bitcoin to rise above $200,000 by 2025. Therefore, what explains this alteration in perspective?
## Is the Meme Coin Era Ending?
Meme coins and other altcoins have experienced a greater decline than Bitcoin following President Trump’s inauguration. Solana, the blockchain responsible for many meme coins, has witnessed its value almost decrease by half. This meme coin craze might be ending, say some market analysts.
Bitwise CIO Matt Hougan stated in a tweet on Tuesday that the cryptocurrency market is currently “absorbing the end of the meme coin mania.” He thinks the buzz about coins like Melania and Libra will diminish over the coming six months.
In fact, the data is self-explanatory. Over the past day, the Libra token has decreased approximately 20%, Melania has decreased by 23%, and Trump has declined by 11%, as per Coinmarketcap. Could these be just fleeting drops, or is this the onset of the demise of meme coins? Time will only tell. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
