{"id":47288,"date":"2026-09-20T08:35:52","date_gmt":"2026-09-20T08:35:52","guid":{"rendered":"https:\/\/financialrush.com\/?p=47288"},"modified":"2026-09-20T08:35:52","modified_gmt":"2026-09-20T08:35:52","slug":"btc-price-slides-toward-80k-avax-defies-market-correction-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47288","title":{"rendered":"BTC Price Slides Toward $80K, AVAX Defies Market Correction: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Perhaps due to the major escalation in the Middle East on Saturday evening, bitcoin’s impressive rally was halted at $82,000, and the asset has lost almost two grand since then.<\/p>\n

Most larger-cap alts have followed suit, led by the two largest privacy coins. Both ZEC and XMR have slumped by around 8%, while RAIN, NEAR, and UNI have posted losses of up to 5%.<\/p>\n

BTC Stopped at $82K<\/h2>\n

It was a very intriguing week for the entire crypto market. The kick-off came on Tuesday when the highly anticipated cloture vote on the CLARITY Act failed<\/a> in the US Senate. BTC’s price reacted with an immediate leg down, even though it was mostly expected, and slumped<\/a> to a three-week low of $75,000.<\/p>\n

The Fed took the main stage a day later when it hiked<\/a> interest rates for the first time in over three years. BTC slipped once again, but quickly rebounded and went toward $77,000. Despite these two negative developments, as well as the BOJ increasing<\/a> rates on Friday, the cryptocurrency actually showed impressive resilience.<\/p>\n

Moreover, it surged hard on Friday and flew past $80,000 for the first time in two weeks. The bulls kept the pressure on, and bitcoin spiked to almost $82,000 on Saturday. However, it was rejected<\/a> there, perhaps due to the latest developments in the Middle East, and now sits just inches above $80,000.<\/p>\n

Its market capitalization has declined to $1.61 trillion on CMC, but its dominance over the alts has neared 59%.<\/p>\n

\"BTCUSD<\/a>
BTCUSD September 20. Source: TradingView<\/figcaption><\/figure>\n

Alts Bleed, AVAX Defies<\/h2>\n

Ethereum was rejected at $2,630 and now sits well below $2,600 after a 2.6% daily decline. BNB struggles to maintain the $750 level, while XRP has returned to under $1.40. SOL has slipped below $110, while HYPE, after hitting a new all-time high, has retreated slightly to $91.<\/p>\n

More substantial losses come from the leading privacy coins. ZEC is down by 8.2% to $1,443, while XMR has dumped by 8.6% to $523. UNI, RAIN, LINK, NEAR, AAVE, and CC are also well in the red.<\/p>\n

In contrast, Avalanche (AVAX) has rocketed by more than 11% daily and sits above $9.6. ENA, PEPE, and M have marked impressive gains as well.<\/p>\n

The total crypto market cap has shed around $40 billion daily and is down to $2.740 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview September 20. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post BTC Price Slides Toward $80K, AVAX Defies Market Correction: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Perhaps due to the major escalation in the Middle East on Saturday evening, bitcoin’s impressive rally was halted…\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-47288","post","type-post","status-publish","format-standard","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47288","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=47288"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47288\/revisions"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}