{"id":55375,"date":"2025-03-29T08:58:03","date_gmt":"2025-03-29T08:58:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=55375"},"modified":"2025-03-29T08:58:03","modified_gmt":"2025-03-29T08:58:03","slug":"these-altcoins-bleed-out-as-bitcoin-btc-struggles-at-84k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=55375","title":{"rendered":"These Altcoins Bleed Out as Bitcoin (BTC) Struggles at $84K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s relatively positive business week ended on the wrong foot as the asset erased all gains and plunged below $84,000.<\/p>\n

The altcoins are also struggling on a daily scale, with ETH dropping beneath $1,900, while XRP is well under $2.15.<\/p>\n

BTC Slips to $84K<\/h2>\n

It all seemed to be going well for the primary cryptocurrency, whose price started to gain traction last Sunday and peaked on Monday. Within that 24-hour period, the asset jumped by several grand and marked<\/a> a multi-week high of just under $89,000. The ETF inflows had changed<\/a> for the better, and the overall sentiment had improved.<\/p>\n

However, BTC couldn\u2019t break through that resistance and started to consolidate in the next few days, trading mostly in a tight range between $86,000 and $88,000. On Friday, though, the lower boundary gave in and bitcoin slumped beneath it.<\/p>\n

It kept going south and dropped to $83,500 for the first time since last Friday. Thus, BTC lost<\/a> all gains made during the week. As of now, it struggles below $84,000 once again, while its market cap has plunged to $1.665 trillion on CG. The silver lining is its growing dominance over the alts, which has spiked to 59.1% as most have bled out heavily.<\/p>\n

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

Alts Turn Red<\/h2>\n

As mentioned above, most altcoins have posted notable price declines lately. Ethereum, which challenged $2,100 earlier this week, is below $1,900 now after another drop in the past 24 hours. Ripple\u2019s native token has lost another 4% of value despite the positive news<\/a> for the company this week. As a result, XRP sits beneath $2.15.<\/p>\n

More daily losses come from the likes of BNB, SOL, DOGE, ADA, LINK, TON, SUI, and many others. In fact, the last two have lost over 6% of value in the past day alone.<\/p>\n

With most other alts in a similar state, it\u2019s no wonder that the total crypto market cap has dropped to $2.810 trillion \u2013 almost $200 billion lower than this week\u2019s peak.<\/p>\n

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

The post These Altcoins Bleed Out as Bitcoin (BTC) Struggles at $84K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s relatively positive business week ended on the wrong foot as the asset erased all gains and plunged below $84,000. The altcoins are also struggling on a daily scale, with ETH dropping beneath $1,900, while XRP is well under $2.15. BTC Slips to $84K It all seemed to be going well for the primary cryptocurrency, […]<\/p>\n","protected":false},"author":0,"featured_media":55376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55375","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\/55375"}],"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=55375"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/55375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/55376"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}