{"id":105217,"date":"2025-10-16T08:51:11","date_gmt":"2025-10-16T08:51:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105217"},"modified":"2025-10-16T08:51:11","modified_gmt":"2025-10-16T08:51:11","slug":"aster-plunges-by-double-digits-bitcoin-slides-toward-110k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105217","title":{"rendered":"ASTER Plunges by Double Digits, Bitcoin Slides Toward $110K: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s recovery attempts have come to a halt as the asset has declined below the $111,000 level once again on Thursday morning.<\/p>\n

The altcoins are also in the red, with ETH slipping to $4,000 and XRP dropping back down to $2.40. There are a few double-digit price losers as well.<\/p>\n

BTC Slides Below $111K<\/h2>\n

Bitcoin and the rest of the cryptocurrency market experienced<\/a> massive turbulence at the end of the previous week, when the largest of the bunch plunged by over $20,000 on some exchanges and bottomed at a multi-month low of $101,000. This crash wiped out<\/a> over $19 billion in leveraged positions from more than 1.6 million traders.<\/p>\n

BTC tried to recover in the following days after immediately surging back to $110,000. It kept climbing at the start of the new business week and hit $116,000 on Tuesday.<\/p>\n

However, that was as far as it could go as the bears stepped up once again. They pushed<\/a> the asset south to $113,000 yesterday and below $111,000 as of press time today. This means that its market capitalization has fallen once again and is close to breaking below $2.2 trillion on CG.<\/p>\n

Its dominance over the altcoins, though, has bounced since yesterday and is up to $57.2%.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Alts in Retrace Mode<\/h2>\n

Most altcoins have produced even more painful declines over the past 24 hours. Ethereum leads the pack with a 4.4% drop that has pushed it to under $4,000. XRP has dipped to $2.39 after a 5% nosedive. SOL, ADA, LINK, DOGE, XLM, HYPE, SUI, AVAX, HBAR, and MNT have charted losses of up to 8%.<\/p>\n

There are four double-digit price losers, led by TAO\u2019s 15% daily plunge. ASTER (13%), ZEC (12%), and IP (10%) follow suit.<\/p>\n

In contrast, COAI continues to steal the show with a massive 50% surge since yesterday that has driven its price to well over $23 as of press time.<\/p>\n

The cumulative market cap of all crypto assets has erased $100 billion since yesterday and is down to $3.850 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post ASTER Plunges by Double Digits, Bitcoin Slides Toward $110K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s recovery attempts have come to a halt as the asset has declined below the $111,000 level once again on Thursday morning. The altcoins are also in the red, with ETH slipping to $4,000 and XRP dropping back down to $2.40. There are a few double-digit price losers as well. BTC Slides Below $111K Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":105218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105217","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\/105217"}],"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=105217"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105218"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}