A company that is changing the way the world mines bitcoin

Crypto Potato 2024-12-26 09:42:17

Crypto Market Bleeds Out Again as Bitcoin (BTC) Was Rejected at $100K (Market Watch)

The BTC relief rally in the past few days was halted yesterday as the asset was stopped at $100,000 and pushed south hard. As expected, the altcoins have suffered even more, with substantial price declines from the likes of LINK, AVAX, ADA, SUI, and many others. Bitcoin Stopped at $100K Bitcoin went through a massive correction last week following the latest FOMC meeting. It dumped all the way from $108,000 to $92,000 in a matter of days. It bounced off on Friday and Saturday as the bulls drove it to almost $99,500. However, it failed there and retraced hard once again at the start of the business week toward $92,000 once more. The bulls stepped up again at this point and initiated a notable price increase that pushed bitcoin up to $99,200 on Christmas Eve and almost $100,000 yesterday evening. Once again, though, the cryptocurrency was stopped at this point. The subsequent rejection has driven it south hard, as the asset now struggles below $96,000. Its market capitalization has declined to under $1.9 trillion on CG, while its dominance over the alts has increased to 54.6%. Bitcoin/PriceChart 26.12.2024. Source: TradingView Alts Bleed Out The alternative coins registered some gains in the past few days as well, but red dominates all charts now. Ethereum was stopped at $3,500 and is below $3,400 after a 3.5% daily drop. Similar declines are evident from XRP, DOGE, SOL, BNB, TRX, and TON. Even more painful corrections come from the likes of ADA, AVAX, LINK, SHIB, HBAR, XLM, and DOT, with losses of up to 9%. AAVE has plummeted by 10%, and so have ONDO and HYPE. The cumulative market capitalization of all crypto assets has seen more than $100 billion gone and is down to $3.460 trillion on CoinGecko. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Crypto Market Bleeds Out Again as Bitcoin (BTC) Was Rejected at $100K (Market Watch) appeared first on CryptoPotato .

Наиболее читаемые новости

Will Ethereum Price Crash Below $1,500 Before...
2025-03-12
Ethereum Spot ETF Faces $21.36 Million Net Ou...
2025-03-12
OpenAI Launches New Tools to Simplify AI Agen...
2025-03-12
SEC Approves Grayscale’s Spot ETF Application...
2025-03-12
Metaplanet to Boost Bitcoin Holdings with ¥2...
2025-03-12
Ethereum Whale Activity Raises Concerns Over...
2025-03-12
BBVA Launches Crypto Trading Service for Cust...
2025-03-12
Dormant Ethereum whale awakens: $13M in ETH m...
2025-03-12

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения