The total crypto market cap is about $2.95T, down roughly 2.6% in 24 hours. Today's weakness followed a recovery rally earlier in the week.
Majors:
đ $BTC: ~$84.7K (-2%), dominance ~57.6%
đ· $ETH : ~$2,685 (-2.3%)
đŁ $SOL: ~$119.5 (-0.9%)
âȘ $XRP : ~$1.49 (-1.7%)
đ¶ $DOGE : ~$0.092 (-2.7%)
Why the dip:
A weaker-than-expected US jobs report
The Blast L2 shutdown
Spot ETH and XRP ETF outflows
Over $379M in liquidations
Bigger picture: BTC is still up about 9% over the last month after a strong Q3, when BTC gained more than 40% and ETH more than 70%. Early October ETF flows have also been positive overall. Key levels to watch are $86Kâ$90K for BTC and $2,800 for ETH.
Is this a healthy pullback or the start of something deeper? Drop your take below đ
#crypto #Bitcoin #Ethereum #BTC #Binance
Majors:
đ $BTC: ~$84.7K (-2%), dominance ~57.6%
đ· $ETH : ~$2,685 (-2.3%)
đŁ $SOL: ~$119.5 (-0.9%)
âȘ $XRP : ~$1.49 (-1.7%)
đ¶ $DOGE : ~$0.092 (-2.7%)
Why the dip:
A weaker-than-expected US jobs report
The Blast L2 shutdown
Spot ETH and XRP ETF outflows
Over $379M in liquidations
Bigger picture: BTC is still up about 9% over the last month after a strong Q3, when BTC gained more than 40% and ETH more than 70%. Early October ETF flows have also been positive overall. Key levels to watch are $86Kâ$90K for BTC and $2,800 for ETH.
Is this a healthy pullback or the start of something deeper? Drop your take below đ
#crypto #Bitcoin #Ethereum #BTC #Binance