{"id":47952,"date":"2026-10-13T09:27:47","date_gmt":"2026-10-13T09:27:47","guid":{"rendered":"https:\/\/financialrush.com\/?p=47952"},"modified":"2026-10-13T09:27:47","modified_gmt":"2026-10-13T09:27:47","slug":"zec-and-near-plummet-hard-btc-recovers-from-rollercoaster-ride-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47952","title":{"rendered":"ZEC and NEAR Plummet Hard, BTC Recovers From Rollercoaster Ride: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s price nosedived once again on Tuesday morning, but this time it marked a higher low and rebounded quickly toward $84,000.<\/p>\n

Most larger-cap alts have experienced more substantial declines, including ZEC, ADA, and NEAR. SOL is below $110, ETH is down by over 1%, while XRP lost the $1.40 level.<\/p>\n

BTC Goes Wild<\/h2>\n

Bitcoin’s troubles began at the start of the previous business week when it was rejected at $87,000 for the fourth or fifth time in the past half a month. At first, it held at $85,500 before bears took complete control and pushed it down to $83,500; the final move came last Thursday, when the cryptocurrency slumped<\/a> to $80,400.<\/p>\n

After losing nearly $7,000 in days, the asset was bound for a bounce-off, which took place by Friday evening and during the weekend. Bitcoin spent the next few days trading sideways between $82,000 and $83,000 before it tried to break out on Monday. However, it was stopped<\/a> at $84,000 once again.<\/p>\n

More volatility ensued on Tuesday morning as BTC dumped to $80,850 (on Bitstamp) and then rebounded just as quickly to $84,000. Similar violent fluctuations harm over-leveraged traders, and the total value of liquidated positions on a daily scale skyrocketed<\/a> to over $800 million.<\/p>\n

As of press time, BTC remains about $500 away from the $84,000 mark. Its market capitalization stands still at $1.670 trillion on CMC, while its dominance over the alts is up to 59.7%.<\/p>\n

\"BTCUSD<\/a>
BTCUSD October 13. Source: TradingView<\/figcaption><\/figure>\n

Alts See Red<\/h2>\n

Ethereum dipped to $2,400 earlier this morning, before rebounding to over $2,500. However, it’s still 1.2% down on the day. BNB is down to $745, while XRP has slipped further away from the coveted $1.40 level. SOL is below $110, HYPE has slumped by 5%, and so has ADA. Cardano’s token is below $0.24 as of now.<\/p>\n

ZEC has dropped by over 6% to $1,226, while NEAR has plummeted by 10% to under $5.20. HBAR, ONDO, ENA, AVAX, PUMP, and WLD are also deep in the red. STX and BTW are among the few exceptions in the green today.<\/p>\n

The total crypto market cap is down by over $20 billion on a 24-hour scale to $2.810 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 13. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post ZEC and NEAR Plummet Hard, BTC Recovers From Rollercoaster Ride: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin’s price nosedived once again on Tuesday morning, but this time it marked a higher low and rebounded…\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-47952","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\/47952","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=47952"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47952\/revisions"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}