{"id":39617,"date":"2025-12-29T11:39:30","date_gmt":"2025-12-29T11:39:30","guid":{"rendered":"https:\/\/financialrush.com\/?p=39617"},"modified":"2025-12-29T11:39:30","modified_gmt":"2025-12-29T11:39:30","slug":"bitcoin-rejected-at-90k-again-ethereum-returns-below-3k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39617","title":{"rendered":"Bitcoin Rejected at $90K Again, Ethereum Returns Below $3K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

It almost feels like a deja vu in the past few weeks, and it happened again on Monday morning as BTC pumped to just over $90,000, only to be rejected violently there and drive immediately south to its starting position.<\/p>\n

Most larger-cap altcoins followed suit, with ETH going above and below $3,000 in the span of hours.<\/p>\n

BTC Stopped (Yet Again)<\/h2>\n

The chart below will clearly demonstrate BTC’s inability to break through the $90,000 resistance despite several attempts in the past few weeks. In fact, it has been rejected at least six times since December 16.<\/p>\n

In the previous business week alone, it tried twice but to no avail. Last Monday, it jumped to $90,500 when the bears stepped up and drove it south by four grand in the next couple of days. Another failed attempt took place<\/a> on Friday, but this time BTC couldn’t even reach $90,000.<\/p>\n

What followed were a few days of sideways trading, in which bitcoin remained<\/a> between $87,000 and $88,000. The bulls went back on the offensive earlier today, driving the cryptocurrency to another weekly high of $90,400.<\/p>\n

The scenario repeated once again, though. The dead-cat bounce scenario, which many feared, drove bitcoin back down to under $88,000 as of press time. Its market cap is back to $1.750 trillion, while its dominance over the alts is just over 57% on CG.<\/p>\n

<\/a>
BTCUSD Dec 29. Source: TradingView<\/figcaption><\/figure>\n

Alts Stopped Too<\/h2>\n

Ethereum followed the market leader earlier today, surging past $3,000 as it neared $3,050. However, it met the same fate as BTC and is now back to $2,960. BNB has returned to $856, while XRP is beneath the crucial support of $1.90.<\/p>\n

On a daily scale, SOL, ZEC, and DOGE are slightly in the green, while BCH has lost the most value from the larger-cap alts. CC is up by almost 4% to nearly $0.125.<\/p>\n

The total crypto market cap gained and lost $70 billion in hours today and is now back to $3.060 trillion on CG.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Daily on Dec 29. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post Bitcoin Rejected at $90K Again, Ethereum Returns Below $3K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It almost feels like a deja vu in the past few weeks, and it happened again on Monday…\n","protected":false},"author":2,"featured_media":39618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-39617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39617"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39618"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}