The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours.<\/p>\n
Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses.<\/p>\n
The start of the business week offered additional gains to the primary cryptocurrency, whose price tapped<\/a> a new all-time high of over $126,000 on October 6. The bulls, however, could not maintain the momentum, and the valuation has been on a downtrend since then.<\/p>\n A few hours ago, BTC tumbled to as low as $120,700 before rebounding to the current $121,700 (per CoinGecko\u2019s data), representing a 2% decline on a daily scale.<\/p>\n <\/a>BTC Price, Source: CoinGecko<\/p>\n We have yet to see whether that is a healthy pullback or the beginning of a bearish trend. The massive inflows into spot BTC ETFs and the shrinking amount of coins stored on crypto exchanges suggest the first scenario is more likely.<\/p>\n Following the latest correction, Bitcoin\u2019s market capitalization plunged to approximately $2.42 trillion. Its dominance over the altcoins remains relatively unchanged at around 56.9%.<\/p>\n The majority of the leading altcoins have followed BTC\u2019s trajectory. Ethereum (ETH) dipped by 5% over the past day and plunged below $4,500. Ripple\u2019s XRP retraced by 4% to $2.86, whereas Solana (SOL) and Dogecoin (DOGE) are down by 2-3%.<\/p>\n Plasma (XPL) is the biggest loser from the top 100 club with a daily drop of 11%. World Liberty Financial (WLFI) and Pi Network (PI) come next with dips of 9% and 8%, respectively.<\/p>\n However, some alts remain in green territory. Binance Coin (BNB) is up 6% for the day and trades well above $1,300. As CryptoPotato<\/em> reported<\/a>, it has become the third-biggest cryptocurrency after flipping Ripple\u2019s XRP and USDT (the stablecoin issued by Tether). PancakeSwap (CAKE), Mantle (MNT), and Aster (ASTER) have also posted significant gains.<\/p>\n The total market capitalization of the sector has tumbled by 2% over the last 24 hours and stands at roughly $4.27 trillion.<\/p>\n <\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\n \u00a0<\/p>\n The post Bitcoin (BTC) Loses $5K in a Day, Ethereum (ETH) Drops Below $4,500: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours. Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses. BTC Heads South The start of the business week offered additional gains to the primary cryptocurrency, […]<\/p>\n","protected":false},"author":0,"featured_media":103003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ETH Loses an Important Resistance Level<\/h2>\n
![<\/a>BTC Price, Source: CoinGecko<\/p>\nWe have yet to see whether that is a healthy pullback or the beginning of a bearish trend. The massive inflows into spot BTC ETFs and the shrinking amount of coins stored on crypto exchanges suggest the first scenario is more likely.<\/p>\nFollowing the latest correction, Bitcoin\u2019s market capitalization plunged to approximately $2.42 trillion. Its dominance over the altcoins remains relatively unchanged at around 56.9%.<\/p>\nETH Loses an Important Resistance Level<\/h2>\nThe majority of the leading altcoins have followed BTC\u2019s trajectory. Ethereum (ETH) dipped by 5% over the past day and plunged below $4,500. Ripple\u2019s XRP retraced by 4% to $2.86, whereas Solana (SOL) and Dogecoin (DOGE) are down by 2-3%.<\/p>\nPlasma (XPL) is the biggest loser from the top 100 club with a daily drop of 11%. World Liberty Financial (WLFI) and Pi Network (PI) come next with dips of 9% and 8%, respectively.<\/p>\nHowever, some alts remain in green territory. Binance Coin (BNB) is up 6% for the day and trades well above $1,300. As CryptoPotato<\/em> reported<\/a>, it has become the third-biggest cryptocurrency after flipping Ripple\u2019s XRP and USDT (the stablecoin issued by Tether). PancakeSwap (CAKE), Mantle (MNT), and Aster (ASTER) have also posted significant gains.<\/p>\nThe total market capitalization of the sector has tumbled by 2% over the last 24 hours and stands at roughly $4.27 trillion.<\/p>\n<\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\n\u00a0<\/p>\nThe post Bitcoin (BTC) Loses $5K in a Day, Ethereum (ETH) Drops Below $4,500: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours. Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses. BTC Heads South The start of the business week offered additional gains to the primary cryptocurrency, […]<\/p>\n","protected":false},"author":0,"featured_media":103003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/BTC-Price-6.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview, Source: QuantifyCrypto<\/p>\n\u00a0<\/p>\nThe post Bitcoin (BTC) Loses $5K in a Day, Ethereum (ETH) Drops Below $4,500: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours. Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses. BTC Heads South The start of the business week offered additional gains to the primary cryptocurrency, […]<\/p>\n","protected":false},"author":0,"featured_media":103003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Quantify-4.png\"){kind=link}