{"id":25339,"date":"2025-05-06T09:02:17","date_gmt":"2025-05-06T09:02:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25339"},"modified":"2025-05-06T09:02:17","modified_gmt":"2025-05-06T09:02:17","slug":"litecoin-plunges-hard-after-ltc-etf-delay-bitcoin-stands-calm-at-94k-market-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25339","title":{"rendered":"Litecoin Plunges Hard After LTC ETF Delay, Bitcoin Stands Calm at $94K (Market Watch)"},"content":{"rendered":"
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Bitcoin\u2019s price tried to take down the $95,000 resistance but the bears were quick to intercept the move and pushed the asset south by a grand.<\/p>\n

Many altcoins have turned red over the past day. LTC leads this adverse trend after the US SEC delayed making a decision on one of the ETF applications.<\/p>\n

BTC Stalls at $94K<\/h2>\n

Bitcoin had a strong week at the end of April and the beginning of May when its price recovered from yet another slip to $93,000 and went on the offensive. That support line has turned out to be crucial for the asset, at least for now, and BTC spiked after last Wednesday\u2019s retest.<\/p>\n

In a few hours, the primary cryptocurrency jumped by several grand and rose above $97,000. The landscape became even more bullish on Friday when BTC tapped $98,000 for the first time in over two months. As the bulls were preparing for an attempt to take down the coveted $100,000 level, though, the situation changed, and bitcoin started to lose value gradually.<\/p>\n

The culmination came yesterday and earlier today when BTC dropped toward the aforementioned $93,000 support. It bounced off once again but was stopped at $95,200 and driven south to just over $94,000 as of now.<\/p>\n

Its market cap has remained sluggish at $1.870 trillion, while its dominance over the alts is close to 62% on CG.<\/p>\n

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

LTC Drops Hard<\/h2>\n

Litecoin received some harmful but expected news on the ETF front yesterday when the US SEC extended<\/a> the deadline to make its final decision for another month or so. Although it was no surprise for many, the native token dropped hard and is down by 7% on a daily scale. As of now, LTC remains inches above $80.<\/p>\n

Granted, most other larger-cap alts are in the red as well. These include XRP, DOGE, ETH, ADA, SUI, LINK, LEO, XLM, AAVE, and APT, with losses of up to 5%.<\/p>\n

BNB, TAO, and XMR are among the few with minor gains. However, the total crypto market cap has shed another $40 billion and is down to $3.030 trillion on CG.<\/p>\n

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

The post Litecoin Plunges Hard After LTC ETF Delay, Bitcoin Stands Calm at $94K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price tried to take down the $95,000 resistance but the bears were quick to intercept the move and pushed the asset south by a grand. Many altcoins have turned red over the past day. LTC leads this adverse trend after the US SEC delayed making a decision on one of the ETF applications. BTC […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25339","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\/25339","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=25339"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25339\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}