{"id":26656,"date":"2024-12-08T08:54:46","date_gmt":"2024-12-08T08:54:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=26656"},"modified":"2024-12-08T08:54:46","modified_gmt":"2024-12-08T08:54:46","slug":"dogecoin-tapped-new-3-5-year-peak-bitcoin-price-slips-below-100k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=26656","title":{"rendered":"Dogecoin Tapped New 3.5-Year Peak, Bitcoin Price Slips Below $100K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s price continues to flirt with the coveted $100,000 mark but has lost some momentum since yesterday and now sits below it.<\/p>\n

The altcoins registered impressive gains on Saturday evening, including a new multi-year peak for DOGE, but have retraced as well.<\/p>\n

BTC Beneath $100K<\/h2>\n

The primary cryptocurrency\u2019s impressive surge following Trump\u2019s landslide victory in the US elections pushed the asset from under $70,000 to almost $100,000 within a few weeks. However, it couldn\u2019t penetrate into six-digit territory for a while as the bears managed to defend it.<\/p>\n

This finally transpired last Thursday when BTC went into a price discovery mode<\/a> above $100,000 and tapped a fresh all-time high of almost $104,000. What followed was a sudden and violent rejection that drove it south by over ten grand in hours to $92,000 on most exchanges.<\/p>\n

After it flushed out<\/a> a large number of leveraged positions, BTC went on the offensive once again and jumped to $102,000 on Friday evening. However, it has been unable to sustain that level and has lost a few grand since then. It even slipped beneath $100,000 earlier today, where it currently stands.<\/p>\n

Its market cap is just over $1.960 trillion on CG, and its dominance over the alts has calmed at 51.4%.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 8.12.2024. Source: TradingView<\/p>\n

PEPE\u2019s New ATH<\/h2>\n

With the word altseason<\/a> going viral on X, many alternative coins did well in the past 24 hours. PEPE, for example, skyrocketed by 20% at one point and painted<\/a> a fresh all-time high of its own at over $0.000026 before correcting slightly.<\/p>\n

Dogecoin also jumped high and neared $0.5 for the first time in three and a half years. SHIB is well in the green today amid some dispute<\/a> about whether it could lose its position to PEPE by the end of the year.<\/p>\n

XRP was heading south for a few days straight but has bounced back with a 4.5% surge to trade above $2.5 now. The rest of the larger-cap alts are much less volatile.<\/p>\n

The total crypto market cap has retraced by around $40 billion since yesterday and is down to $3.820 trillion on CG.<\/p>\n

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

The post Dogecoin Tapped New 3.5-Year Peak, Bitcoin Price Slips Below $100K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price continues to flirt with the coveted $100,000 mark but has lost some momentum since yesterday and now sits below it. The altcoins registered impressive gains on Saturday evening, including a new multi-year peak for DOGE, but have retraced as well. BTC Beneath $100K The primary cryptocurrency\u2019s impressive surge following Trump\u2019s landslide victory in […]<\/p>\n","protected":false},"author":0,"featured_media":26657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26656","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\/26656"}],"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=26656"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/26657"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}