{"id":79026,"date":"2025-07-08T09:31:34","date_gmt":"2025-07-08T09:31:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=79026"},"modified":"2025-07-08T09:31:34","modified_gmt":"2025-07-08T09:31:34","slug":"hype-plunges-by-5-as-btc-price-slips-back-to-108k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=79026","title":{"rendered":"HYPE Plunges by 5% as BTC Price Slips Back to $108K: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s price ascent to almost $110,000 was short-lived, as most previous attempts, and the asset was pushed south by over two grand from top to bottom.<\/p>\n

Most altcoins are also in the red on a daily scale, including some larger-cap ones, such as HYPE, DOGE, and LINK.<\/p>\n

BTC Back to $108K<\/h2>\n

The start of July was rather sluggish, but BTC went downhill on the second day of the month, tumbling from $108,000 to $105,000. However, the bulls<\/a> stepped up at this point and didn\u2019t allow another price drop.<\/p>\n

Instead, the cryptocurrency started to recover and quickly returned to $108,000. Moreover, it kept pumping and tapped a multi-week at $110,500 on the next day. These fluctuations, though, seem to be doomed from the start during this calm summer consolidation phase, and BTC went back down to $108,000 almost immediately.<\/p>\n

It spent the weekend there but started to gain traction<\/a> once again on Monday morning when it jumped past $109,600. The scenario repeated once again, and bitcoin is now back to $108,000.<\/p>\n

Its market cap has slipped to $2.150 trillion, while its dominance over the alts is back to 63% on CoinGecko.<\/p>\n

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

HYPE Heads South<\/h2>\n

While yesterday was a good day for major altcoins, the landscape has changed slightly today, and most are in the red. Ethereum has slipped by around 1% but has remained well above $2,500. Similar minor losses are evident from BNB, SOL, ADA, SUI, and LEO, while DOGE and LINK have dropped slightly more.<\/p>\n

HYPE has declined the most from the larger-cap alts, having lost almost 5% of value on a 24-hour scale. As a result, the popular altcoin is below $38 now.<\/p>\n

The biggest loser from the top 100 alts is FARTCOIN (-8%), followed by SPX (-7.7%) and TIA (-7%). In contrast, TKX has surged by 11% to over $15.<\/p>\n

The total crypto market cap has shed around $20 billion since yesterday and is down to $3.420 trillion.<\/p>\n

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

The post HYPE Plunges by 5% as BTC Price Slips Back to $108K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price ascent to almost $110,000 was short-lived, as most previous attempts, and the asset was pushed south by over two grand from top to bottom. Most altcoins are also in the red on a daily scale, including some larger-cap ones, such as HYPE, DOGE, and LINK. BTC Back to $108K The start of July […]<\/p>\n","protected":false},"author":0,"featured_media":79027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79026","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\/79026"}],"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=79026"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79027"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}