{"id":48195,"date":"2025-02-27T09:57:00","date_gmt":"2025-02-27T09:57:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=48195"},"modified":"2025-02-27T09:57:00","modified_gmt":"2025-02-27T09:57:00","slug":"litecoin-defies-market-trends-bitcoin-recovers-from-drop-to-82k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=48195","title":{"rendered":"Litecoin Defies Market Trends, Bitcoin Recovers From Drop to $82K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s nosedive continued in the past 24 hours as the asset plunged to another multi-month low of just over $82,000 before it managed to recover some ground.<\/p>\n

Ethereum is the top loser from the larger-cap alts today, while LTC and AVAX stand with minor gains after another massacre.<\/p>\n

BTC Rebounds to $86K<\/h2>\n

A lot can change in the cryptocurrency markets in the span of a week, and sometimes even less. Just last Friday, the largest of the bunch was climbing confidently toward $100,000 after gaining more than five grand in a few days.<\/p>\n

However, the Bybit hack stopped its ascent and pushed it south to $96,000 during the weekend. Trump\u2019s tariffs and other controversial economic measures, as well as the growing concerns about rising inflation, pushed<\/a> investors away from BTC and the ETFs, with massive outflows for several consecutive days now.<\/p>\n

The primary cryptocurrency dropped to $94,000 on Monday, but the real pain was observed<\/a> on Tuesday, with a slump to $86,000, and on Wednesday, with another decline<\/a> to $82,100 (on Bitstamp). The latter became the new three-month low.<\/p>\n

Although BTC has recovered some ground since then and now sits above $86,000, it\u2019s still 3% down on the day. Its market cap has dropped to $1.7 trillion, and its dominance over the alts has decreased to 57.5% on CG.<\/p>\n

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

ETH Down, LTC Up<\/h2>\n

Ethereum continues to dig new lows and dropped toward $2,200 yesterday. It now sits above $2,350, but it is still down by 5% since this time yesterday. XRP, BNB, DOGE, ADA, TRX, XLM, SUI, and TON are also in the red from the larger-cap alts.<\/p>\n

In contrast, AVAX and LTC have marked gains of over 3% within the same timeframe. APT has stolen the show after recent speculations about an ETF tracking its performance and has soared by 7% to over $6.1.<\/p>\n

The total crypto market cap, though, has shed another $70 billion since yesterday\u2019s peak and is down to $2.970 trillion on CG.<\/p>\n

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

The post Litecoin Defies Market Trends, Bitcoin Recovers From Drop to $82K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s nosedive continued in the past 24 hours as the asset plunged to another multi-month low of just over $82,000 before it managed to recover some ground. Ethereum is the top loser from the larger-cap alts today, while LTC and AVAX stand with minor gains after another massacre. BTC Rebounds to $86K A lot can […]<\/p>\n","protected":false},"author":0,"featured_media":48196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48195","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\/48195"}],"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=48195"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/48196"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}