Bitcoin\u2019s price couldn\u2019t maintain above $92,000, and the recent rejection at that level pushed it south hard to just over $88,000 yesterday.<\/p>\n
Most altcoins have followed suit, with almost all charts deep in the red today. ZEC and CC lead on the way south.<\/p>\n
The new month began on the wrong foot yet again for the largest cryptocurrency. The asset had recovered some ground following the November crash and stood above $91,000. However, the bears returned on Monday and initiated a violent leg down that drove BTC to just under $84,000.<\/p>\n
After losing<\/a> more than seven grand in hours, bitcoin bounced off almost as quickly and reclaimed<\/a> the $90,000 line by Tuesday. Moreover, it kept climbing in the following days and challenged the $94,000 resistance on a couple of occasions.<\/p>\n However, it couldn\u2019t penetrate that level, and the subsequent retracement drove it to the $91,000-$92,000 range. That was until Friday, when the bears took control of the market again after the release of the US PCE and Core PCE data.<\/p>\n BTC dumped<\/a> to $88,000 in minutes, dragging the altcoins with it and triggering $500 million in liquidations. It has bounced since then, but it\u2019s still below $90,000 as of press time. Its market cap has dropped to $1.8 trillion, while its dominance over the alts stands above 57% on CG.<\/p>\n <\/a>BTCUSD Dec 6. Source: TradingView<\/p>\n Most larger-cap alts are in the red as well today. Ethereum is inches above $3,000 after a 3.4% decline, while XRP is close to breaking below $2.00 after another 2% drop. SOL, ADA, LINK, HYPE, DOGE, and XLM are with losses of up to 5%, while SUI, ENA, PEPE, UNI, and DOT have dropped by 6-7%.<\/p>\n Even more profound losses come from ZEC and CC, both of which have dumped by double digits. In contrast, BCH and TRX have posted minor gains.<\/p>\n The total crypto market cap has shed around $60 billion in a day and is down to $3.130 trillion on CG.<\/p>\n <\/a>Cryptocurrency Market Overview December 6. Source: QuantifyCrypto<\/p>\n \u00a0<\/p>\n The post These Altcoins Bleed Out as Bitcoin (BTC) Loses $90K Support: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price couldn\u2019t maintain above $92,000, and the recent rejection at that level pushed it south hard to just over $88,000 yesterday. Most altcoins have followed suit, with almost all charts deep in the red today. ZEC and CC lead on the way south. BTC Below $90K The new month began on the wrong foot […]<\/p>\n","protected":false},"author":0,"featured_media":118371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118370","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\/118370"}],"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=118370"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118371"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Alts In Red<\/h2>\n
![<\/a>BTCUSD Dec 6. Source: TradingView<\/p>\nAlts In Red<\/h2>\nMost larger-cap alts are in the red as well today. Ethereum is inches above $3,000 after a 3.4% decline, while XRP is close to breaking below $2.00 after another 2% drop. SOL, ADA, LINK, HYPE, DOGE, and XLM are with losses of up to 5%, while SUI, ENA, PEPE, UNI, and DOT have dropped by 6-7%.<\/p>\nEven more profound losses come from ZEC and CC, both of which have dumped by double digits. In contrast, BCH and TRX have posted minor gains.<\/p>\nThe total crypto market cap has shed around $60 billion in a day and is down to $3.130 trillion on CG.<\/p>\n<\/a>Cryptocurrency Market Overview December 6. Source: QuantifyCrypto<\/p>\n\u00a0<\/p>\nThe post These Altcoins Bleed Out as Bitcoin (BTC) Loses $90K Support: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price couldn\u2019t maintain above $92,000, and the recent rejection at that level pushed it south hard to just over $88,000 yesterday. Most altcoins have followed suit, with almost all charts deep in the red today. ZEC and CC lead on the way south. BTC Below $90K The new month began on the wrong foot […]<\/p>\n","protected":false},"author":0,"featured_media":118371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118370","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\/118370"}],"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=118370"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118371"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD-Dec-6.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview December 6. Source: QuantifyCrypto<\/p>\n\u00a0<\/p>\nThe post These Altcoins Bleed Out as Bitcoin (BTC) Loses $90K Support: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price couldn\u2019t maintain above $92,000, and the recent rejection at that level pushed it south hard to just over $88,000 yesterday. Most altcoins have followed suit, with almost all charts deep in the red today. ZEC and CC lead on the way south. BTC Below $90K The new month began on the wrong foot […]<\/p>\n","protected":false},"author":0,"featured_media":118371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118370","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\/118370"}],"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=118370"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118371"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Cryptocurrency-Market-Overview-December-6.png\"){kind=link}