{"id":34933,"date":"2025-01-11T10:07:33","date_gmt":"2025-01-11T10:07:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=34933"},"modified":"2025-01-11T10:07:33","modified_gmt":"2025-01-11T10:07:33","slug":"bitcoin-price-stalls-at-94k-ethereum-struggles-to-maintain-3-2k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=34933","title":{"rendered":"Bitcoin Price Stalls at $94K, Ethereum Struggles to Maintain $3.2K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s volatile end of the week resulted in a price drop toward $91,000 and a subsequent surge to $96,000 before the asset calmed roughly in the middle.<\/p>\n

The altcoins continue to struggle as SOL, ADA, and AVAX have charted 4% daily declines.<\/p>\n

BTC Calms at $94K<\/h2>\n

It was nothing short of a volatile rollercoaster of a week for the primary cryptocurrency. It all started quite promising after the most recent MicroStrategy purchase on Monday, as the asset flew past $100,000 for the first time this year and kept climbing on Tuesday morning to over $102,000.<\/p>\n

However, that\u2019s when the landscape changed, and BTC slumped hard later that day, and on Wednesday, it slumped to $96,000. Although that was a painful correction on its own, bitcoin kept plunging<\/a> in the following days to $91,200 (on Bitstamp) on Thursday, which became its lowest price tag<\/a> in over a month.<\/p>\n

The bulls managed to intervene at this point and pushed BTC north. More volatility ensued<\/a> with several big moves that eventually pushed the asset to $96,000. However, it failed there and has lost almost two grand since then to trade at $94,000 as of now.<\/p>\n

Its market cap has risen to just under $1.870 trillion on CG, while its dominance over the alts is up to 54.5%.<\/p>\n

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

ADA, SOL Struggle<\/h2>\n

Most altcoins are in the red today as well. Ethereum slipped below $3,200 on Thursday, and even though it managed to recover some ground since that low is close to breaking below it now after a 2.3% daily decline. XRP is among the few alts with minor gains today.<\/p>\n

In contrast, SOL, ADA, SUI, AVAX, and LINK continue to lose value, with losses of up to 4%. SOL is well below $190 now, while ADA is just over $0.9. More painful losses come from OM, ICP, and RNDR from the larger cap alts.<\/p>\n

The total crypto market cap has lost some steam since yesterday and is down to $3.43 trillion on CG.<\/p>\n

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

The post Bitcoin Price Stalls at $94K, Ethereum Struggles to Maintain $3.2K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s volatile end of the week resulted in a price drop toward $91,000 and a subsequent surge to $96,000 before the asset calmed roughly in the middle. The altcoins continue to struggle as SOL, ADA, and AVAX have charted 4% daily declines. BTC Calms at $94K It was nothing short of a volatile rollercoaster of […]<\/p>\n","protected":false},"author":0,"featured_media":34934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-34933","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\/34933"}],"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=34933"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/34933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/34934"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}