The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000.<\/p>\n
The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit.<\/p>\n
It hasn\u2019t been a particularly hopeful end of 2024 on a micro-scale. The asset began its painful decline on December 17 when its price stood above $108,000. In just a matter of three days, it had lost around $16,000 and dumped to $92,000.<\/p>\n
The bulls intercepted the move and helped prevent a further drop below $90,000. In fact, BTC started recovering some ground and spiked toward $100,000 on a couple of occasions, but to no avail. The last such example was on December 26 when BTC touched that line but was quickly rejected<\/a> once again.<\/p>\n The subsequent decline pushed it south hard, and the asset fell<\/a> to $95,000 over the weekend. However, the landscape worsened in the past 24 hours and dropped further to $93,000. Despite bouncing off that level, for now, BTC is still over 1% down on the day.<\/p>\n Its market capitalization has plummeted to under $1.860 trillion on CG, and its dominance over the alts stands at 54%.<\/p>\n <\/a>Bitcoin\/Price\/Chart 30.12.2024. Source: TradingView<\/p>\n Most altcoins are in the red once again today. The trend is led by XRP, which continues its downfall and is close to breaking below $2 now. If it dumps below that level, analysts foresee<\/a> another massive decline toward $1.<\/p>\n XLM has also dropped hard from the larger-cap alts, losing nearly 5% of value and trading well below $0.35. BNB, SOL, DOGE, ADA, TRX, AVAX, LINK, TON, SUI, and many others are also in the red, albeit in a less painful manner.<\/p>\n The total crypto market cap has lost another $60 billion since yesterday and is down to $3.430 trillion on CG.<\/p>\n <\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n The post Bitcoin (BTC) Slips Below $94K, Ripple (XRP) Drops Toward $2 (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000. The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit. BTC Fails at Recovery It hasn\u2019t been a particularly hopeful end of 2024 on a micro-scale. The asset […]<\/p>\n","protected":false},"author":0,"featured_media":32003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32002","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\/32002"}],"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=32002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/32003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}XRP Keeps Bleeding<\/h2>\n
![<\/a>Bitcoin\/Price\/Chart 30.12.2024. Source: TradingView<\/p>\nXRP Keeps Bleeding<\/h2>\nMost altcoins are in the red once again today. The trend is led by XRP, which continues its downfall and is close to breaking below $2 now. If it dumps below that level, analysts foresee<\/a> another massive decline toward $1.<\/p>\nXLM has also dropped hard from the larger-cap alts, losing nearly 5% of value and trading well below $0.35. BNB, SOL, DOGE, ADA, TRX, AVAX, LINK, TON, SUI, and many others are also in the red, albeit in a less painful manner.<\/p>\nThe total crypto market cap has lost another $60 billion since yesterday and is down to $3.430 trillion on CG.<\/p>\n<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\nThe post Bitcoin (BTC) Slips Below $94K, Ripple (XRP) Drops Toward $2 (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000. The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit. BTC Fails at Recovery It hasn\u2019t been a particularly hopeful end of 2024 on a micro-scale. The asset […]<\/p>\n","protected":false},"author":0,"featured_media":32003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32002","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\/32002"}],"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=32002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/32003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/BTCUSD-28.png\"){kind=link}
![<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\nThe post Bitcoin (BTC) Slips Below $94K, Ripple (XRP) Drops Toward $2 (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000. The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit. BTC Fails at Recovery It hasn\u2019t been a particularly hopeful end of 2024 on a micro-scale. The asset […]<\/p>\n","protected":false},"author":0,"featured_media":32003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32002","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\/32002"}],"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=32002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/32003"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-30-105154.png\"){kind=link}