{"id":38329,"date":"2025-01-23T09:47:48","date_gmt":"2025-01-23T09:47:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=38329"},"modified":"2025-01-23T09:47:48","modified_gmt":"2025-01-23T09:47:48","slug":"these-altcoins-bleed-out-as-bitcoin-btc-slips-toward-102k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=38329","title":{"rendered":"These Altcoins Bleed Out as Bitcoin (BTC) Slips Toward $102K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price movements worsened in the past 24 hours as the asset lost the $105,000 level and dropped by about three grand.<\/p>\n

The altcoins have also turned red on a daily scale, with ETH sliding to $2,300, DOGE dropping to $0.35, and ADA losing the $1 level.<\/p>\n

BTC Slips<\/h2>\n

The weekend went quite favorably for the primary cryptocurrency, as its price remained above $100,000 during the TRUMP-token wild ride. The landscape was quite different on Monday, at least during the morning Asian trading session.<\/p>\n

BTC headed south as the day started and dumped from $106,000 to just under $100,000. After this massive price decline, though, came the bounce-off, which propelled<\/a> the cryptocurrency to over $109,000 for the first time ever.<\/p>\n

Following the latest all-time high, bitcoin started to lose value<\/a>, which culminated during the Trump inauguration speech. As he failed to mention crypto or bitcoin even once, BTC slumped by several grand once again.<\/p>\n

Nevertheless, it recovered<\/a> some ground on Wednesday and stood at around $105,000. The past 24 hours have been painful again, as BTC now sits at around $102,000. Its market cap has taken a hit, but it is still above $2 trillion, while the dominance over the alts is north of 55% on CG.<\/p>\n

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

Alts in Red<\/h2>\n

Most alternative coins have headed south in the past 24 hours. Ethereum is close to breaking below $3,200 after a 2.6% daily decline. A similar decrease has pushed SOL to well below $250, while DOGE and ADA have dropped by more than 3%. Chainlink has lost the most value from the larger-cap alts, dropping by 6% to under $25.<\/p>\n

Next in line in this adverse ranking are AVAX, SUI, and XLM, as well as PEPE, AAVE, VET, and CRO from the mid-cap alts.<\/p>\n

The cumulative market capitalization of all cryptocurrency assets has seen just over $100 billion since yesterday and is down to $3.660 trillion on CG.<\/p>\n

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

The post These Altcoins Bleed Out as Bitcoin (BTC) Slips Toward $102K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price movements worsened in the past 24 hours as the asset lost the $105,000 level and dropped by about three grand. The altcoins have also turned red on a daily scale, with ETH sliding to $2,300, DOGE dropping to $0.35, and ADA losing the $1 level. BTC Slips The weekend went quite favorably for […]<\/p>\n","protected":false},"author":0,"featured_media":38330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38329","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\/38329"}],"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=38329"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/38329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/38330"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}