{"id":12805,"date":"2024-10-10T07:58:23","date_gmt":"2024-10-10T07:58:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=12805"},"modified":"2024-10-10T07:58:23","modified_gmt":"2024-10-10T07:58:23","slug":"bitcoin-price-slumped-toward-60k-aptos-tanks-9-daily-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=12805","title":{"rendered":"Bitcoin Price Slumped Toward $60K, Aptos Tanks 9% Daily (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price troubles continued in the past 24 hours as the asset dropped toward $60,000 for the first time in about a week.<\/p>\n

Most altcoins have followed suit, with ETH, BNB, SOL, XRP, DOGE, TON, and many others declining by about 2% daily.<\/p>\n

BTC Slipped Toward $60K<\/h2>\n

The primary cryptocurrency bottomed last Thursday with a price slumped to just under $60,000. The bulls stepped up at this point and propelled an impressive rally that culminated on Monday morning with a surge to a multi-week peak of $64,500.<\/p>\n

This came after a positive end to the previous business week and a rather quiet weekend. However, the asset couldn\u2019t keep the momentum going at this point and started to lose value gradually.<\/p>\n

By Tuesday and Wednesday, it had lost about three grand and struggled to remain<\/a> above $62,000. The bears intensified the pressure earlier this morning when they drove bitcoin to a weekly low of $60,250.<\/p>\n

As of now, BTC has managed to defend the coveted $60,000 level and sits close to $61,000. Still, it\u2019s 2% down on the day, and its market cap has dumped to $1.2 trillion. Its dominance over the alts, though, stands tall at just over 54%.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 10.10.2024. Source: TradingView<\/p>\n

APT Dumps Hard<\/h2>\n

The altcoins have mimicked BTC\u2019s performance in the past day, which means that red dominates the charts. The larger-cap alts, such as ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, LINK, and BCH, have produced losses of about 2%.<\/p>\n

Shiba Inu and SUI have dropped by over 3%, while NEAR has slumped by almost 6%. WIF has dumped by a similar percentage, while APT has nosedived by 9% in a day. As a result, the asset now struggles below $8.4.<\/p>\n

Uniswap\u2019s native token is among the few exceptions in the green today. UNI has risen by almost 7% and trades above $7.6.<\/p>\n

Nevertheless, the total crypto market cap is down by about $50 billion overnight and to $2.225 trillion on CG.<\/p>\n

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

The post Bitcoin Price Slumped Toward $60K, Aptos Tanks 9% Daily (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price troubles continued in the past 24 hours as the asset dropped toward $60,000 for the first time in about a week. Most altcoins have followed suit, with ETH, BNB, SOL, XRP, DOGE, TON, and many others declining by about 2% daily. BTC Slipped Toward $60K The primary cryptocurrency bottomed last Thursday with a […]<\/p>\n","protected":false},"author":0,"featured_media":12806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12805","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\/12805"}],"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=12805"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/12805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/12806"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}