{"id":22897,"date":"2024-11-23T06:54:01","date_gmt":"2024-11-23T06:54:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22897"},"modified":"2024-11-23T06:54:01","modified_gmt":"2024-11-23T06:54:01","slug":"double-digit-price-surges-from-these-altcoins-as-btc-was-stopped-before-100k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22897","title":{"rendered":"Double-Digit Price Surges From These Altcoins as BTC Was Stopped Before $100K (Weekend Watch)"},"content":{"rendered":"

Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand.<\/p>\n

Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges.<\/p>\n

BTC Fails at $100K<\/h2>\n

Bitcoin had a highly positive business week, which started with a price surge to over $90,000 on Monday. After a brief retracement, the bulls returned and helped BTC chart a new all-time high of $94,000 on Tuesday.<\/p>\n

However, that was just the start as the asset kept climbing and broke above $95,000, $96,000, $97,000, $98,000, and $99,000 by Friday.<\/p>\n

Naturally, all eyes turned<\/a> to the coveted $100,000 target<\/a>, which many speculated could be broken immediately. However, the bears managed to defend that level well. As such, bitcoin failed to overcome it on Friday, even though it came just $250 away from it.<\/p>\n

Since then, the cryptocurrency has corrected slightly and now sits below $99,000. Nevertheless, its market cap is still above $1.950 trillion, placing it as the seventh-largest asset<\/a> in the world, but its dominance over the alts has taken a big hit and is down to 56% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 23.11.2024. Source: TradingView<\/p>\n

Alts on the Rise<\/h2>\n

The declining BTC dominance means only one thing \u2013 alts are exploding. While that cannot be said about ETH, SOL, and BNB, other larger caps have charted mind-blowing surges in the past day.<\/p>\n

As already reported, these include XRP<\/a>, DOGE<\/a>, and ADA<\/a>, all of which have shot up to multi-year peaks. The landscape is similar for Avalanche and Polkadot, as they have skyrocketed by 22% each. AVAX now sits close to $44, while DOT is near $7.5.<\/p>\n

Even more notable surges come from XLM (52%), ALGO (33%), and VET (31%).<\/p>\n

The total crypto market cap reached a new all-time high earlier at over $3.5 trillion on CG.<\/p>\n

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

The post Double-Digit Price Surges From These Altcoins as BTC Was Stopped Before $100K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand. Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges. BTC Fails at $100K […]<\/p>\n","protected":false},"author":0,"featured_media":22898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22897","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\/22897"}],"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=22897"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22898"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}