{"id":250648,"date":"2026-11-12T10:47:03","date_gmt":"2026-11-12T10:47:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=250648"},"modified":"2026-11-12T10:47:03","modified_gmt":"2026-11-12T10:47:03","slug":"pepe-tanks-double-digits-as-bitcoin-gets-rejected-at-75k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=250648","title":{"rendered":"PEPE Tanks Double Digits as Bitcoin Gets Rejected at $75K: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s rebound attempt fell short at $75,000 yesterday, and the asset has lost over $1,500 since then, currently fighting to stay above $73,000 once again.<\/p>\n

Most altcoins have mimicked BTC\u2019s performance over the past day, with ETH sliding by more than 0.5%, while BNB is down by 1.2%. ZEC continues to be on the wrong side of the $1,000 barrier.<\/p>\n

BTC Fails Again<\/h2>\n

The primary cryptocurrency went on a violent rollercoaster a week ago after the conclusion of the US midterm elections. It dipped to $75,600 after the results came in, then skyrocketed to $81,000 12 hours later, reaching a local peak. The volatile trading sessions continued a day later, on Thursday, but in the opposite direction.<\/p>\n

The bears took complete control of the market and initiated a massive leg down to BTC\u2019s starting point of under $76,000. On Friday, they took it up a notch and pushed the cryptocurrency to $74,800. The weekend was less volatile, with bitcoin trading close to $76,000. However, Monday began with another leg down, this time even more severe, to $73,800.<\/p>\n

The asset tried to recover some ground the following day or so, but it was stopped at $75,600. The bears stepped up once again on Tuesday, driving it to a fresh multi-month low of $72,800 after the CPI reading<\/a>. Wednesday was a recovery day<\/a>, with BTC climbing to $74,800. As the title of this article suggests, though, it was rejected again and has fallen to $73,400 as of press time.<\/p>\n

Bitcoin\u2019s market capitalization remains at $1.470 trillion on CMC, while its dominance over the alts has increased to over 60.5%.<\/p>\n

<\/a>BTCUSD November 12. Source: TradingView<\/p>\n

Alts Struggle, Too<\/h2>\n

Ethereum continues to fight to stay above $2,050, but it\u2019s currently losing that battle. BNB has dipped to $673 after a 1.3% decline, while XRP is inches above $1.05. SOL, TRX, HYPE, ZEC, DOGE, XMR, and LINK are also well in the red.<\/p>\n

Even more painful declines come from the likes of QNT, ENA, PEPE, AAVE, RAIN, and BTW. The frog-themed meme coin is actually today\u2019s poorest performer, having dumped by 12%. ICP, CRO, and WLFI are among the few exceptions in the green.<\/p>\n

The total crypto market cap has declined again, this time by 0.5% to $2.440 trillion on CMC.<\/p>\n

<\/a>Cryptocurrency Market Overview November 12. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post PEPE Tanks Double Digits as Bitcoin Gets Rejected at $75K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rebound attempt fell short at $75,000 yesterday, and the asset has lost over $1,500 since then, currently fighting to stay above $73,000 once again. Most altcoins have mimicked BTC\u2019s performance over the past day, with ETH sliding by more than 0.5%, while BNB is down by 1.2%. ZEC continues to be on the wrong […]<\/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-250648","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/250648"}],"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=250648"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/250648\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=250648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=250648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=250648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}