{"id":246315,"date":"2026-11-01T08:50:46","date_gmt":"2026-11-01T08:50:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=246315"},"modified":"2026-11-01T08:50:46","modified_gmt":"2026-11-01T08:50:46","slug":"this-altcoin-defies-sunday-sluggishness-as-btc-eyes-78k-recovery-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=246315","title":{"rendered":"This Altcoin Defies Sunday Sluggishness as BTC Eyes $78K Recovery: Weekend Watch"},"content":{"rendered":"

Bitcoin\u2019s gradual recovery from the largest crypto hack in USD terms continues, with the asset slowly grinding toward $78,000.<\/p>\n

Most altcoins have remained quite sluggish since yesterday, with ETH posting a minor increase, while TRX has dropped hard once again. There\u2019s only one alt with a substantial double-digit surge today.<\/p>\n

BTC Eyes $78K<\/h2>\n

The rejection at $85,000 on October 21 was the beginning of a more profound correction that started with a dive to $79,200 last Saturday. The bulls tried to intervene and helped BTC recover $2,000 on Sunday and Monday, but the bearish sentiment prevailed, and the asset dipped below $80,000 once again.<\/p>\n

Brief signs of strength emerged on Tuesday and early Wednesday, during the hours leading up to the FOMC meeting, when BTC surged to almost $82,000. Once the meeting concluded and the Fed left interest rates unchanged<\/a>, BTC dipped below $80,000 before it jumped back to $81,900.<\/p>\n

Its ascent was halted there, and the cryptocurrency dipped below $81,000. Then came news that Binance was the latest big-name hack victim in the crypto markets, with the losses exceeding<\/a> $6 billion. Bitcoin reacted immediately with a painful nosedive to $76,400. The dead-cat bounce took it two grand higher before it dipped again to a new six-week low of $76,100.<\/p>\n

Since then, it has gradually recovered<\/a>, gaining almost $2,000, and the asset is now fighting to reclaim the $78,000 level. Its market cap has returned to $1.560 trillion on CMC, while its dominance over the alts is just shy of 60%.<\/p>\n

<\/a>BTCUSD November 1. Source: TradingView<\/p>\n

LIT Defies the Market<\/h2>\n

Ethereum is up by just over 1% in a day, and has rebounded by more than $100 since its Friday low to trade at $2,270. BNB has rebounded from the sub-$700 drop and now sits close to $710. XRP is back at $1.25, while SOL continues to struggle at $95. TRX has slumped by nearly 5% to $0.31.<\/p>\n

In contrast, LINK, LTC, and UNI have posted gains of 3-4%, while AVAX is up to $8.8. MORPHO, AAVE, QNT, and PUMP are also in the green. The biggest gainer today is LIT, which has rocketed by over 16% and now sits well above $3.10.<\/p>\n

The total crypto market cap has added $20 billion since yesterday, and it\u2019s up to $2.620 trillion on CMC.<\/p>\n

<\/a>Cryptocurrency Market Overview November 1. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post This Altcoin Defies Sunday Sluggishness as BTC Eyes $78K Recovery: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s gradual recovery from the largest crypto hack in USD terms continues, with the asset slowly grinding toward $78,000. Most altcoins have remained quite sluggish since yesterday, with ETH posting a minor increase, while TRX has dropped hard once again. There\u2019s only one alt with a substantial double-digit surge today. BTC Eyes $78K The rejection […]<\/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-246315","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246315"}],"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=246315"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246315\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}