\n\t\t\t\t\t\t\t\t\tIn contrast, ICP has dumped hard following the recent rally. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin was stopped for a second time this week at $104,000 and was pushed south by over two grand during the weekend.<\/p>\n
Most larger-cap alts are well in the red on a daily basis as well, with ETH sliding beneath $3,400 and XRP slipping below $2.30.<\/p>\n
BTC Back Below $102K<\/h2>\n
It was an eventful and painful week for the primary cryptocurrency that began with a nosedive on Monday. At the time, the asset was rejected at $111,000 and driven south to around $104,000. After a brief recovery attempt, the bears intervened once again on Tuesday and initiated another violent decline that this time saw BTC dumping<\/a> below $100,000 for the first time since June.<\/p>\n The asset bottomed (at least for now) at just under $99,000. It bounced off on Wednesday and spiked to $104,000, where it was stopped, and the subsequent retracement resulted<\/a> in another slip to a five-digit price territory.<\/p>\n The rebound attempt was similar as BTC spiked to $104,000 on Friday evening but couldn\u2019t surpass that level<\/a> and now sits below $102,000 again. It\u2019s down by over 8% in the past week, and its market cap has tumbled to $2.020 trillion on CG.<\/p>\n Its dominance over the altcoins was also harmed in the past seven days and is well below 58% as of press time.<\/p>\n Most larger-cap alts have followed BTC on the way south in the past 24 hours. Ethereum is below $3,400 again, while XRP has lost the $2.30 support. More painful declines come from the likes of DOGE, ADA, HYPE, LINK, XLM, and SUI.<\/p>\n In contrast, the two largest privacy coins have stolen the show with double-digit gains. ZEC has risen by over 11% daily to almost $600, while XMR has tapped $420 after a 13% surge.<\/p>\n ICP, the recent high-flyer, is down by more than 12% daily, while TAO has dumped by 6%.<\/p>\n The total crypto market cap has declined by almost $40 billion since yesterday and is down to $3.510 trillion.<\/p>\n Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\nXMR, ZEC Defy Crypto Correction<\/h2>\n
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