{"id":47908,"date":"2026-10-12T09:11:20","date_gmt":"2026-10-12T09:11:20","guid":{"rendered":"https:\/\/financialrush.com\/?p=47908"},"modified":"2026-10-12T09:11:20","modified_gmt":"2026-10-12T09:11:20","slug":"near-fil-icp-rocket-by-double-digits-btc-rejected-at-84k-again-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47908","title":{"rendered":"NEAR, FIL, ICP Rocket by Double Digits, BTC Rejected at $84K Again: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin is still trying to recover from the crash at the end of the previous business week, and the latest leg up was halted at $84,000.<\/p>\n

Most altcoins are in the green, though, with ETH surging past $2,550, while XRP has rebounded to over $1.40. ZEC is up by 7%, while HYPE eyes $90 again.<\/p>\n

BTC Eyes $84K<\/h2>\n

The primary cryptocurrency tried to take down the coveted $87,000 at the beginning of the previous business week, but it was halted in its tracks and quickly retreated to just under $85,000. It bounced off toward its initial target, but this time it posted a lower high, getting rejected at $86,600. The bears stepped up at this point, and the subsequent leg down was a lot more violent.<\/p>\n

The $85,000 support couldn’t hold BTC, and the asset slumped to $83,500. After another unsuccessful recovery attempt, it nosedived once again; this time, the cryptocurrency slumped<\/a> to $80,400 for the first time in well over two weeks.<\/p>\n

After losing nearly $7,000 in just a few days, bitcoin was due for a more profound rebound. It rose on Friday to $83,500, where it stalled again. It spent the weekend trading sideways<\/a> around $83,000 before jumping to over $84,000 earlier today, despite escalating tension<\/a> in the Middle East.<\/p>\n

Sellers intervened once again, and the cryptocurrency now trades inches below that level. Its market cap has recovered slightly to $1.680 trillion on CMC, while its dominance over the alts is down to 59.35%.<\/p>\n

<\/a>
BTCUSD October 12. Source: TradingView<\/figcaption><\/figure>\n

Alts Back in Green<\/h2>\n

Despite the substantial net outflows from the spot Ethereum ETFs last week, the underlying asset’s price has risen by over 2% daily and sits above $2,550. Ripple’s native token has risen past the key $1.40 level, which it has been fighting for days. SOL, DOGE, LINK, HYPE, TRX, BNB, XMR, and ADA are also in the green.<\/p>\n

ZEC has reclaimed the $1,300 level after a 6.3% increase. NEAR continues its spectacular rise, with another double-digit surge to $5.80. ICP, FIL, ZRO, ALGO, and VVV complete the double-digit price gainers club.<\/p>\n

The cumulative market cap of all crypto assets has increased by 1% to $2.830 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 12. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post NEAR, FIL, ICP Rocket by Double Digits, BTC Rejected at $84K Again: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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