Bitcoin’s gradual climb back after that wild Binance hack just hit a brutal end rn, with the asset crashing below 77,000 once more right before those US midterm vibes kick in. 🦇 Most altcoins followed right into the abyss, with heavy hits on ZEC, NEAR, ENA and a bunch more. 💀
BTC Crashing Under 77K Again 💸
That Uptober dream shattered hard after the $85,000 rejection on October 21 and the slide toward 80,000. Tho BTC dipped under a few times it held above after the Fed kept rates steady last Wednesday.
But that devastating Binance hack from Friday sealed the Uptober fate for good, sending BTC plunging by thousands to a six-week low at 76,100. It tried bouncing back quick with some bright spots over the weekend and pushed further to 79,000 on Monday morning, yet got rejected hard there. 📉
It’s been all downhill vibes since then. The asset sank to 76,400 again this morning along with Wall Street, and more chaos is coming later as midterms roll on. History hints BTC often corrects sharply after these events. 🖤 For now bitcoin’s market cap fell to 1.540 trillion on CMC while dominance over alts slipped just under 60 percent.
Altcoin Mayhem With ZEC and NEAR Tanked 🌑
ETH got rejected at 2,300 yesterday and slid to 2,260. BNB is back below 700 while XRP held the 1.25 support. TRX and XMR sit slightly green but HYPE, SOL, DOGE, LINK and ADA are all red. 👀
ZEC and NEAR are leading the daily bloodbath. The privacy token crashed 8.6 percent to under 1,150 while NEAR dropped 7.3 percent to 3.83. ENA followed with a 5.7 percent fall to 0.17 and RAIN rose 5.6 percent to 0.065. 🔥 The total crypto market cap dipped another 30 billion to 2.580 trillion on CMC.
Just another echo from the void by iconofsin.eth 💖
