{"id":243302,"date":"2026-10-24T04:47:34","date_gmt":"2026-10-24T04:47:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=243302"},"modified":"2026-10-24T04:47:34","modified_gmt":"2026-10-24T04:47:34","slug":"bitcoin-btc-tanks-toward-80k-ripple-xrp-loses-key-support-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=243302","title":{"rendered":"Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch"},"content":{"rendered":"

Bitcoin\u2019s adverse price movements that began with the rejection at $85,000 on Wednesday continue, with the asset sliding to $80,400 earlier this morning, perhaps due to the latest Trump comments on the war against Iran.<\/p>\n

Most altcoins have followed suit, with ETH dropping further below $2,400, and XRP seemingly losing the crucial $1.30 support. NEAR, BTW, PUMP, WLD, and DOT have slumped even more.<\/p>\n

Will $80K Hold?<\/h2>\n

After the intense volatility experienced in the previous business week following the release of the CPI and PPI data, and BTC\u2019s subsequent retreat to under $80,000, the cryptocurrency tried to rebound almost immediately and stood above $82,000 over the weekend. Then came a flash crash that brought it south by a grand on Saturday evening, before the bulls tried to take down the $83,000 resistance on Monday.<\/p>\n

They failed at first, and bitcoin slipped to $81,000. A sudden uptick on Tuesday drove it to just over that line before the bulls took it a step further<\/a> on Wednesday, driving BTC to a two-week peak of almost $85,000.<\/p>\n

However, this was a short-lived rally, and the rejection<\/a> was quite rapid and painful. At first, BTC tanked to under $83,000, but the bears took complete control<\/a> of the market on Friday and Saturday morning, at least for now, driving bitcoin to $80,400 for the first time in about ten days.<\/p>\n

Although BTC remains above $80,000 as of now, it\u2019s still 1% down for the day again. Its market cap has pulled back to $1.620 trillion, but its dominance over the alts stands tall at 60% on CMC.<\/p>\n

<\/a>BTCUSD October 24. Source: TradingView<\/p>\n

Alts in the Red Again<\/h2>\n

ETH is down by a similar percentage to BTC and sits well below $2,400. Ripple\u2019s native token has dived by over 2%, and it\u2019s now below $1.30. Recall that the asset neared $1.40 on Wednesday before the market-wide pullback. SOL is close to breaking below $100, while ZEC has tanked below $1,200.<\/p>\n

Further losses are evident from XMR, XLM, LINK, RAIN, LTC, and NEAR. WLD is the only double-digit loser, while M has defied the broader market\u2019s move with a 10% surge.<\/p>\n

The total crypto market cap is down by over 1% daily to $2.7 trillion on CMC.<\/p>\n

<\/a>Cryptocurrency Market Overview October 24. Source: TradingView<\/p>\n

\u00a0<\/p>\n

The post Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s adverse price movements that began with the rejection at $85,000 on Wednesday continue, with the asset sliding to $80,400 earlier this morning, perhaps due to the latest Trump comments on the war against Iran. Most altcoins have followed suit, with ETH dropping further below $2,400, and XRP seemingly losing the crucial $1.30 support. NEAR, […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-243302","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243302"}],"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=243302"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243302\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=243302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=243302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=243302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}