Hold onto your hats, folks, because the crypto rollercoaster just got wilder! Litecoin (LTC) and Aptos (APT) are stealing the spotlight among the larger-cap altcoins today, showing some resilience while others are taking a hit.
Let's dive into the drama with Bitcoin. In the past 24 hours, it took a heart-stopping dive, hitting a multi-month low of just over $82,000. But, like a true fighter, it’s clawed its way back up a bit.
Ethereum, on the other hand, seems to be having a bit of a rough patch, leading the pack of losers among the big altcoins. Meanwhile, LTC and Avalanche (AVAX) are hanging in there with some minor gains despite the overall market chaos.
Oh, how quickly things change in the crypto world! Just a week ago, Bitcoin was strutting its stuff, aiming for the $100,000 mark after a cool $5,000 jump in just a few days. But then—bam!—the Bybit hack threw a wrench in the works, sending Bitcoin tumbling to $96,000 over the weekend. Add in some economic curveballs like tariffs and inflation jitters, and investors started fleeing Bitcoin and ETFs faster than you can say “crypto crash.”
The pain continued as Bitcoin slid to $94,000 on Monday. But Tuesday and Wednesday were the real heartbreakers, with plunges to $86,000 and then a new three-month low of $82,100. Ouch!
But don’t fret, Bitcoin is making a comeback, now sitting comfortably above $86,000, though still 3% down for the day. Its market cap has slipped to $1.7 trillion, and its dominance over altcoins has shrunk to 57.5%.
Ethereum's journey is more like a downward spiral, dipping to $2,200 yesterday, but now slightly above $2,350—still a 5% drop from yesterday. Other big players like XRP, Binance Coin (BNB), Dogecoin (DOGE), and Cardano (ADA) are also feeling the heat.
In a twist of fate, AVAX and LTC are enjoying a bit of sunshine, each climbing over 3%. But the real hero today is APT, which is basking in the glory of a 7% surge to over $6.1, fueled by rumors of a potential ETF in its honor.
Overall, the total crypto market cap has shed a hefty $70 billion since yesterday, now sitting at $2.970 trillion. So, stay tuned, because in the wild world of crypto, anything can happen!
