{"id":36743,"date":"2025-10-13T12:41:44","date_gmt":"2025-10-13T12:41:44","guid":{"rendered":"https:\/\/financialrush.com\/?p=36743"},"modified":"2025-10-13T12:41:44","modified_gmt":"2025-10-13T12:41:44","slug":"bnb-hits-new-ath-just-days-after-market-meltdown-btc-eyes-116k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=36743","title":{"rendered":"BNB Hits New ATH Just Days After Market Meltdown, BTC Eyes $116K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s impressive price recovery continued in the past 24 hours as the asset touched $116,000 earlier today before it retraced slightly to $115,000.<\/p>\n

Many altcoins have posted much bigger increases since yesterday, including ETH, which tapped $2,400, and BNB, which set a new all-time high.<\/p>\n

BTC Recovery Endures<\/h2>\n

A lot can and has been said about the painful events that transpired at the end of the previous business week. Ahead of it, BTC’s price had calmed at around $122,000 after peaking at over $126,000 on Monday.<\/p>\n

However, once US President Donald Trump threatened to impose a new set of tariffs on Chinese products, all hell broke loose. Bitcoin’s price led the charge with a massive price drop<\/a> that drove it to under $110,000 on most exchanges and all the way down to $101,000 on a handful.<\/p>\n

This became<\/a> BTC’s biggest crash in terms of USD value and also the largest liquidation event in the history of the industry.<\/p>\n

However, bitcoin started to recover almost immediately and jumped toward $110,000 on Sunday. It kept climbing on Sunday to over $115,000 as the tension between the two great powers de-escalated. It jumped to $116,000 earlier on Monday but was stopped there and sits around $115,000 as of press time.<\/p>\n

Its market cap has slipped below $2.3 trillion on CG, while its dominance over the alts has been hit hard and is down to 57.1%.<\/p>\n

<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

Alts on the Rebound<\/h2>\n

Most altcoins have outperformed BTC over the past day, as evident by the declining bitcoin dominance. Binance Coin is among the leaders as the token exploded to another ATH of $1,370 just days after the market-wide calamity. ETH is up by over 9% daily, and sits above $4,150 now.<\/p>\n

XRP has tapped $2.6 following a similar surge, while DOGE is up by 11%. Other double-digit price gains include ADA, LINK, HYPE, SUI, HBAR, and CRO from the larger-cap alts. Even more impressive increases come from COAI, TAO, and MNT, as all of them are up by more than 20% daily.<\/p>\n

The total crypto market cap has reclaimed the $4 trillion tag after dumping to $3.3 trillion during the darkest hours of the Friday night meltdown.<\/p>\n

\"Cryptocurrency
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post BNB Hits New ATH Just Days After Market Meltdown, BTC Eyes $116K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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