{"id":149272,"date":"2026-10-07T09:47:55","date_gmt":"2026-10-07T09:47:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=149272"},"modified":"2026-10-07T09:47:55","modified_gmt":"2026-10-07T09:47:55","slug":"these-altcoins-bleed-the-most-after-bitcoins-sudden-drop-below-84k-market-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=149272","title":{"rendered":"These Altcoins Bleed the Most After Bitcoin\u2019s Sudden Drop Below $84K: Market Watch"},"content":{"rendered":"
\n

Bitcoin was rejected again at $87,000 on Monday, and the bears took it a step further earlier this morning, pushing it south hard to under $84,000.<\/p>\n

BTC\u2019s decline dragged most of the altcoins with it. Ethereum slipped below $2,600, XRP dumped further away from the $1.50 support, and HYPE is close to breaking below $90.<\/p>\n

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

After the positive PCE data<\/a> last Wednesday, which sent BTC up and down within minutes, the asset went on the offensive on Friday. It had climbed above $86,000 even before the US jobs report went live, which was weaker-than-expected. The bulls initiated another leg up, driving the cryptocurrency to over $87,000.<\/p>\n

However, the bears stepped up at this point. Bitcoin slumped in the following hours and ultimately crashed below $84,000. It rebounded to just over that level on Saturday and climbed to $85,000 on Sunday. It tried to take down the crucial $87,000 support on Monday, but it was quickly stopped<\/a> and dipped to $85,000.<\/p>\n

Another breakout attempt followed on Tuesday, but BTC couldn\u2019t go<\/a> past $86,600 this time. It pulled back by a grand and stood there for a few hours before it suddenly slumped<\/a> by over $2,000 on Monday morning in minutes to $83,600. Its rebound stalled at $84,400, and the asset is now struggling at $84,000.<\/p>\n

Its market capitalization is down to $1.680 trillion, while its dominance over the alts has remained at the same level as yesterday at 59% on CMC.<\/p>\n

\"BTCUSD<\/a>
BTCUSD October 7. Source: TradingView<\/figcaption><\/figure>\n

Alts Bleed Out<\/h2>\n

ETH was among the hardest-hit larger-cap alts today, dropping by over 4% at one point to under $2,600. XRP has seemingly lost the $1.50 support after a 3% decline pushed it to $1.46. BNB, SOL, TRX, and ZEC are also slightly in the red.<\/p>\n

More painful declines come from the likes of ADA (-6.5%), UNI (-8.5%), CRO (-5.5%), SHIB (-6%), as well as WLD, CC, SUI, CRO, and HBAR. DOT has plummeted by 9%, while MNT has decreased by 10%. BTW is among the few exceptions among the larger-cap alts.<\/p>\n

The total crypto market cap has shed over $60 billion in a day and is down to $2.850 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 7. Source: QuantifyCrypto<\/figcaption><\/figure>\n

\u00a0<\/p>\n

The post These Altcoins Bleed the Most After Bitcoin\u2019s Sudden Drop Below $84K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin was rejected again at $87,000 on Monday, and the bears took it a step further earlier this morning, pushing it south hard to under $84,000. BTC\u2019s decline dragged most of the altcoins with it. Ethereum slipped below $2,600, XRP dumped further away from the $1.50 support, and HYPE is close to breaking below $90. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-149272","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/149272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=149272"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/149272\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=149272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=149272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=149272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}