{"id":17487,"date":"2024-11-03T06:06:25","date_gmt":"2024-11-03T06:06:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=17487"},"modified":"2024-11-03T06:06:25","modified_gmt":"2024-11-03T06:06:25","slug":"these-altcoins-dump-the-most-as-bitcoin-btc-dropped-below-68k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=17487","title":{"rendered":"These Altcoins Dump the Most as Bitcoin (BTC) Dropped Below $68K (Weekend Watch)"},"content":{"rendered":"

This weekend is somewhat different than the status quo, as BTC has experienced a lot more volatility, mainly heading south.<\/p>\n

The altcoins have suffered even more, with the likes of DOGE, APT, WIF, and many others dropping by well over 5% in the past day.<\/p>\n

BTC Slipped Below $68K<\/h2>\n

The business week started on a highly positive note for bitcoin as it jumped from $67,500 to over $71,500 on Monday and Tuesday morning. The bulls kept pushing the gas pedal, which culminated in a price surge to $73,600 later on Tuesday. As BTC came $150 away from marking a new all-time high, though, the landscape started to change, and the asset retreated to $72,000 by Wednesday.<\/p>\n

More painful declines followed on Thursday and Friday, as the cryptocurrency dropped to $68,800. It bounced off<\/a> almost immediately and soared to $71,600, but it faced another rejection<\/a>.<\/p>\n

The bears pushed it south to $68,800 once again on Saturday, but they remained persistent, and bitcoin fell to a weekly low of under $68,000 earlier today.<\/p>\n

It has recovered some ground since then and now trades close to $68,500. Nevertheless, it is still 2% down on the day, and its market cap has declined to $1.350 trillion. The silver lining is that its dominance over the alts has jumped to 56.6% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 03.11.2024. Source: TradingView<\/p>\n

Alts Turn Red<\/h2>\n

The entire altcoin field has turned red today, with ETH and BNB dropping by around 3% each. Consequently, ETH now sits below $2,450, while BNB is close to breaking below $560. Similar declines are evident from SOL, XRP, TRX, TON, LINK, and BCH.<\/p>\n

Even more painful performances come from ADA (-5%), AVAX (-6%), and Dogecoin (-7.5%). In fact, the larger meme coin is the biggest loser over the past 24 hours from the larger-cap alts.<\/p>\n

More price plummets come from BRETT (-9%), PYTH (-8%), MEW (-8%), ICP (-7.5%), and APT (-7%).<\/p>\n

The total crypto market cap has shed another $60 billion overnight and is under $2.4 trillion on CG.<\/p>\n

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

The post These Altcoins Dump the Most as Bitcoin (BTC) Dropped Below $68K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

This weekend is somewhat different than the status quo, as BTC has experienced a lot more volatility, mainly heading south. The altcoins have suffered even more, with the likes of DOGE, APT, WIF, and many others dropping by well over 5% in the past day. BTC Slipped Below $68K The business week started on a […]<\/p>\n","protected":false},"author":0,"featured_media":17488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17487","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\/17487"}],"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=17487"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/17487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/17488"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}