Bitcoin\u2019s price skyrocketed by several grand in an instant on Wednesday, only to be rejected and pushed south hard just as quickly.<\/p>\n
Most larger-cap altcoins continue to lose value, with ETH dropping to $2,850 and XRP slipping beneath $1.90. HYPE\u2019s substantial correction has only intensified.<\/p>\n
Even though the US Federal Reserve reduced the key interest rates last week by another 25 bps, bitcoin\u2019s price has been mostly on the decline. It spiked to $94,500 before and after the decision was announced, but was quickly rejected and slipped to $89,500 a day later.<\/p>\n
It managed to rebound to $90,000 during the weekend, where it spent most of it trading sideways aside from a brief deviation on Sunday afternoon. However, Monday brought more pain for the bulls as BTC dumped<\/a> by nearly five grand in just over an hour to $85,500.<\/p>\n It tried to recover some ground in the following days but was stopped at $88,000. Then came the aforementioned pump-and-dump<\/a> on Wednesday. In what turned out to be a bull trap, BTC jumped by several grand to just over $90,000, when it was rejected and driven south to under $85,500 again.<\/p>\n It has since bounced to the current $87,300, but its market cap still struggles below $1.750 trillion. Its dominance over the alts, though, has shot up by 0.7% daily to 57.6% on CG.<\/p>\n <\/a>BTCUSD Dec 18. Source: TradingView<\/p>\n As evidenced by the growing bitcoin dominance, most altcoins have posted notable losses over the past 24 hours. ETH is down to $2,850 after a 2% decline, while XRP has lost the $1.90 support. BNB, SOL, DOGE, ADA, and LINK have dropped by up to 3.5%.<\/p>\n Hyperliquid\u2019s native token continues its massive descent, losing almost 10% of value in the past 24 hours alone. HYPE is down by over 40% in the last month and now struggles below $25.<\/p>\n Even bigger daily losses come from LEO (-28%) and PUMP (-12%). In contrast, NIGHT and CC have gained around 7-8% daily.<\/p>\n The total crypto market cap has defended the $3 trillion level despite a brief slip below it yesterday.<\/p>\n <\/a>Cryptocurrency Market Overview Daily. Source: QuantifyCrypto<\/p>\n The post Bitcoin Rejected at $90K Again, HYPE Plunges by Another 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price skyrocketed by several grand in an instant on Wednesday, only to be rejected and pushed south hard just as quickly. Most larger-cap altcoins continue to lose value, with ETH dropping to $2,850 and XRP slipping beneath $1.90. HYPE\u2019s substantial correction has only intensified. BTC Pumps and Dumps Even though the US Federal Reserve […]<\/p>\n","protected":false},"author":0,"featured_media":121430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121429","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\/121429"}],"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=121429"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121430"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Alts in the Red<\/h2>\n
![<\/a>BTCUSD Dec 18. Source: TradingView<\/p>\nAlts in the Red<\/h2>\nAs evidenced by the growing bitcoin dominance, most altcoins have posted notable losses over the past 24 hours. ETH is down to $2,850 after a 2% decline, while XRP has lost the $1.90 support. BNB, SOL, DOGE, ADA, and LINK have dropped by up to 3.5%.<\/p>\nHyperliquid\u2019s native token continues its massive descent, losing almost 10% of value in the past 24 hours alone. HYPE is down by over 40% in the last month and now struggles below $25.<\/p>\nEven bigger daily losses come from LEO (-28%) and PUMP (-12%). In contrast, NIGHT and CC have gained around 7-8% daily.<\/p>\nThe total crypto market cap has defended the $3 trillion level despite a brief slip below it yesterday.<\/p>\n<\/a>Cryptocurrency Market Overview Daily. Source: QuantifyCrypto<\/p>\nThe post Bitcoin Rejected at $90K Again, HYPE Plunges by Another 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price skyrocketed by several grand in an instant on Wednesday, only to be rejected and pushed south hard just as quickly. Most larger-cap altcoins continue to lose value, with ETH dropping to $2,850 and XRP slipping beneath $1.90. HYPE\u2019s substantial correction has only intensified. BTC Pumps and Dumps Even though the US Federal Reserve […]<\/p>\n","protected":false},"author":0,"featured_media":121430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121429","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\/121429"}],"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=121429"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121430"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD-Dec-18.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview Daily. Source: QuantifyCrypto<\/p>\nThe post Bitcoin Rejected at $90K Again, HYPE Plunges by Another 10%: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price skyrocketed by several grand in an instant on Wednesday, only to be rejected and pushed south hard just as quickly. Most larger-cap altcoins continue to lose value, with ETH dropping to $2,850 and XRP slipping beneath $1.90. HYPE\u2019s substantial correction has only intensified. BTC Pumps and Dumps Even though the US Federal Reserve […]<\/p>\n","protected":false},"author":0,"featured_media":121430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121429","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\/121429"}],"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=121429"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121430"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-18-121418.png\"){kind=link}