{"id":37462,"date":"2025-10-30T10:29:08","date_gmt":"2025-10-30T10:29:08","guid":{"rendered":"https:\/\/financialrush.com\/?p=37462"},"modified":"2025-10-30T10:29:08","modified_gmt":"2025-10-30T10:29:08","slug":"these-altcoins-defy-market-wide-crash-as-bitcoin-struggles-at-110k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37462","title":{"rendered":"These Altcoins Defy Market-Wide Crash as Bitcoin Struggles at $110K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Despite the positive developments on a macroeconomic front, bitcoin’s price nosedived in the past 12 hours to a multi-day low of under $108,000 and has struggled to post a substantial recovery.<\/p>\n

Most larger-cap alts have followed suit, including ETH and XRP, while ZEC, TRUMP, and M have charted impressive gains.<\/p>\n

BTC Falls Despite Rate Cut<\/h2>\n

This highly eventful week started on the right foot for the primary cryptocurrency as it spiked toward $116,000 on a couple of occasions on Monday and Tuesday. However, its progress was halted at that crucial resistance, and the subsequent rejection after the failed Tuesday breakout attempt was quite painful.<\/p>\n

Nevertheless, BTC managed to stabilize<\/a> at around $112,000 on Wednesday before the FOMC meeting when the US Fed was expected to cut the interest rates by 25 bps. Once that became official<\/a>, BTC headed straight south and dumped<\/a> to $110,000 at first before the bears took it all the way down to just under $108,000 on Thursday morning.<\/p>\n

Then came even more positive news on a macro level after the presidents of China and the US met, and Trump lowered<\/a> some of the tariffs against Chinese products. BTC reacted well at first and jumped to over $111,500. However, that rally was short-lived as well, and the asset is close to losing the $110,000 support as of press time once again.<\/p>\n

Its market cap has tumbled below $2.2 trillion, while its dominance over the alts stands still close to 58% on CG.<\/p>\n

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

Big Alts in Red, ZEC Defies<\/h2>\n

As mentioned above, most larger-cap alts have dropped in the past day as well, including ETH and XRP. The former has lost nearly 3% of value and sits below $3,900, while the latter is down by 3.5% and trades at $2.55. SOL, DOGE, ADA, and XLM are also in the red, while BNB, HYPE, LINK, BCH, and HBAR are with minor gains.<\/p>\n

Even more impressive price increases come from the likes of ZEC, TRUMP, and M. ZEC has rocketed by 9% daily to over $350, while M and TRUMP are up by around 6-7%.<\/p>\n

The total crypto market cap has shed around $80 billion in a day and is down to $3.810 trillion on CG.<\/p>\n

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

The post These Altcoins Defy Market-Wide Crash as Bitcoin Struggles at $110K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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