📊 $BTC held up last week. Altcoins didn’t.
10x Research says the 141 altcoins it tracks fell 14% on average last week, while Bitcoin fell only 3%. kucoin
Why it matters:
🔹 The report points to falling trading volume, shrinking stablecoin supply and ETF outflows, all signs of tighter liquidity.
🔹 AI-related stocks also came under pressure, with CoreWeave down about 25% on the week. Even so, BTC briefly tested the $80,750 to $81,000 zone over the weekend and quickly recovered.
🔹 Options markets show little stress, so the spot weakness may not be fully priced into derivatives yet. 10x Research: Altcoin Rally Momentum Fades, Tracked Tokens Drop 14% Last Week +3
Today: $BTC is trading near $82.9K (+1.4%), pressing the top of the $82.5K to $83K resistance zone. $ETH is lagging, with ETH/BTC down about 0.6%.
What to watch this week:
1️⃣ Whether BTC breaks above $83K or slips back to the $81K support
2️⃣ The Fed blackout period (Oct 17 to 29), which limits policymaker comments, and big tech earnings
3️⃣ Token unlocks, including GRAM at about $49M and ZRO at about $45M cryptotimescryptotimes
Is this a healthy reset for altcoins, or the start of more pain? Tell me below 👇
#Bitcoin #BTC #Altcoins #CryptoNews #Ethereum
Not financial advice. Do your own research.
$BTC
10x Research says the 141 altcoins it tracks fell 14% on average last week, while Bitcoin fell only 3%. kucoin
Why it matters:
🔹 The report points to falling trading volume, shrinking stablecoin supply and ETF outflows, all signs of tighter liquidity.
🔹 AI-related stocks also came under pressure, with CoreWeave down about 25% on the week. Even so, BTC briefly tested the $80,750 to $81,000 zone over the weekend and quickly recovered.
🔹 Options markets show little stress, so the spot weakness may not be fully priced into derivatives yet. 10x Research: Altcoin Rally Momentum Fades, Tracked Tokens Drop 14% Last Week +3
Today: $BTC is trading near $82.9K (+1.4%), pressing the top of the $82.5K to $83K resistance zone. $ETH is lagging, with ETH/BTC down about 0.6%.
What to watch this week:
1️⃣ Whether BTC breaks above $83K or slips back to the $81K support
2️⃣ The Fed blackout period (Oct 17 to 29), which limits policymaker comments, and big tech earnings
3️⃣ Token unlocks, including GRAM at about $49M and ZRO at about $45M cryptotimescryptotimes
Is this a healthy reset for altcoins, or the start of more pain? Tell me below 👇
#Bitcoin #BTC #Altcoins #CryptoNews #Ethereum
Not financial advice. Do your own research.
$BTC
