{"id":37585,"date":"2025-11-02T12:03:10","date_gmt":"2025-11-02T12:03:10","guid":{"rendered":"https:\/\/financialrush.com\/?p=37585"},"modified":"2025-11-02T12:03:10","modified_gmt":"2025-11-02T12:03:10","slug":"trump-dumps-hard-bitcoin-price-eyes-111k-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37585","title":{"rendered":"TRUMP Dumps Hard, Bitcoin Price Eyes $111K: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin\u2019s relatively calm weekend price actions continued as the asset\u2019s most significant gain came with a minor increase to $111,000, where it faced immediate resistance.<\/p>\n

Most larger-cap alts are with minor losses over the past day, led by HYPE, BCH, HBAR, ZEC, and TAO.<\/p>\n

BTC Stopped at $111K For Now<\/h2>\n

The primary cryptocurrency began the business week on the right foot, with a price surge to just over $116,000 on Monday. After a minor correction, it spiked above that line again on Tuesday, where it was stopped and pushed south hard.<\/p>\n

On Wednesday, BTC had calmed at around $112,000 before the US Federal Reserve cut<\/a> the interest rates for the second consecutive time in the past few months. Bitcoin reacted<\/a> with an immediate price drop that drove it south to $110,000 and even lower on Thursday when the asset slipped below $106,500.<\/p>\n

The bulls finally stepped up at this point and initiated a leg up that drove BTC up to $111,500. However, that was a short-term rally once again, and bitcoin has been unable to run higher<\/a> since then. In the past few hours, it tried to overcome $111,000 but to no avail so far.<\/p>\n

Its market cap has reclaimed the $2.2 trillion level on CG, while its dominance over the alts has stalled at 58%.<\/p>\n

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

Alts With Losses<\/h2>\n

As mentioned above, most larger-cap altcoins have marked minor losses over the past 24 hours. BNB, SOL, DOGE, TRX, ADA, XLM, and SUI are slightly in the red, while BCH has dropped by over 4%. HBAR, HYPE, and ZEC have declined by more than 2% daily.<\/p>\n

In contrast, ETH, XRP, LINK, and AVAX have posted insignificant gains, while XMR has risen by over 3%, the same as ICP.<\/p>\n

The two biggest losers on a daily scale are HASH (-7.5%) and TRUMP (-6.5%). Nevertheless, the meme coin related to the POTUS has jumped by 25% weekly.<\/p>\n

The total crypto market cap has increased slightly overnight and is above $3.8 trillion.<\/p>\n

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

The post TRUMP Dumps Hard, Bitcoin Price Eyes $111K: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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