{"id":69383,"date":"2025-05-27T09:40:22","date_gmt":"2025-05-27T09:40:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=69383"},"modified":"2025-05-27T09:40:22","modified_gmt":"2025-05-27T09:40:22","slug":"bitcoin-recovers-from-sub-108k-drop-ethereum-maintains-2-6k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=69383","title":{"rendered":"Bitcoin Recovers From Sub-$108K Drop, Ethereum Maintains $2.6K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price actions took a turn for the worse on Monday evening with a price slip to $107,500 but the asset has managed to recover most losses since then.<\/p>\n

The altcoins are slightly in the red on a daily scale, including the recent high-flyer HYPE, which has lost some steam after the latest ATH.<\/p>\n

BTC Back to $109.5K<\/h2>\n

History was made last Wednesday when, after a few days of substantial volatility and rejection below the $107,000 level, the primary cryptocurrency managed to break through and shot past its January 2025 all-time high of around $109,100. The asset flew to $109,800 that day but was quickly stopped and driven south by around three grand.<\/p>\n

However, that correction was short-lived as the bulls<\/a> resumed control of the market and initiated an even more impressive leg up on Thursday \u2013 the so-called Bitcoin Pizza Day. Back then, BTC skyrocketed to almost $112,000 to chart<\/a> a fresh all-time high.<\/p>\n

Trump\u2019s tariff recommendations against the EU on Friday brought<\/a> some pain and uncertainty to the market, as BTC slipped back down to $107,500. However, it defended that level and stood just above it during the weekend.<\/p>\n

Bitcoin started to gain traction again on Monday and jumped<\/a> to a daily high of $110,500 before it slumped to $107,500 later in the evening.<\/p>\n

As of now, though, it has recovered most losses and stands around $109,500. Its market cap has remained close to $2.180 trillion on CG, while its dominance over the alts is at 61%.<\/p>\n

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

ETH Stable at $2.6K<\/h2>\n

Most altcoins have charted some losses over the past day, including HYPE, which has retraced since its latest all-time high by 3.5%. SUI has slipped by a similar percentage, while XRM and PI are down by 5.5% and 4.3%, respectively.<\/p>\n

Ethereum has maintained the $2,600 level after a near 2% increase since yesterday. BNB and TRX are also slightly in the green.<\/p>\n

QNT is the only double-digit price gainer from the top 100 alts, followed by TKX (7%), VIRTUAL (7%), and INJ (6%).<\/p>\n

The total crypto market cap has remained at essentially the same level as yesterday, at around $3.570 trillion.<\/p>\n

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

The post Bitcoin Recovers From Sub-$108K Drop, Ethereum Maintains $2.6K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price actions took a turn for the worse on Monday evening with a price slip to $107,500 but the asset has managed to recover most losses since then. The altcoins are slightly in the red on a daily scale, including the recent high-flyer HYPE, which has lost some steam after the latest ATH. BTC […]<\/p>\n","protected":false},"author":0,"featured_media":69384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69383","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\/69383"}],"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=69383"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/69384"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}