Oh, darling, what a rollercoaster week it’s been in the cryptoverse – like my love life, but with more zeros and fewer cocktails. Bitcoin had this fabulous little comeback going on since the weekend, all lovey-dovey with dreams of $116,000, but then BAM! It got rejected harder than I did at that singles’ mixer and nosedived over four grand. Sarcasm alert: because nothing says ‘stable asset’ like swinging from $122k to $101k in a blink, thanks to Trump’s latest tariff tango. 🙄
And the altcoins? Oh, don’t get me started. They’re bleeding like my favorite mascara on a rainy date – BNB, MNT, ZEC, you name it, all double-digit drop-offs. It’s like they collectively decided to pull a Bridget and sabotage their own party. Eye-roll emoji incoming. 😒
BTC Slides to $112K – Because Why Not?
Alright, let’s recap the drama: Last Friday, Bitcoin was crashing harder than my diet on pizza night, thanks to those pesky China tariffs. From $122k to $110k, and then liquidations wiped out a gazillion traders, plunging it to $101k on Binance. I mean, who needs money when you can have heart palpitations? 💸
But then, miracle of miracles, it bounced back over the weekend like a resilient single gal after a bad breakup, surging past $110k and flirting with $116k. Regained $15k in days – woo-hoo, right? Wrong. Tuesday hits, bears attack, resistance bites, and it’s down over four grand to below $112k. Hovering there now, market cap at a whopping $2.235 trillion because, apparently, bigger numbers equal more tears. 😭
And its dominance? Back up to 57.5% – yay, king of the crypto jungle again. Insert sarcasm: because dominating slumping assets is sooo impressive. 😂
Alts Bleed Out – More Drama Than a Rom-Com
The altcoins are faring even worse, like the side characters in my awful attempts at investing. BNB, our recent soaring star, hit an all-time high yesterday and then face-planted over 11% to teeter near $1,200. MNT and ZEC? Double-digit losers – oh, the pain. 😂
Ethereum‘s dipped to $4,000 with a 4% tumble, XRP‘s beneath $2.5 after 6%, DOGE down to $0.20 post-5.25% – and that’s just the highlights. ADA, HYPE, XLM, the lot of them are slumped like my energy after too much wine. Sarcastic cheer: volatility’s fun when it’s not your wallet! 🙌
And let’s not forget the over-leveraged traders – over 210,000 wrecked today, liquidations totaling $630 million. I swear, someone needs to invent crytocrypto therapy. Who knew finance could be this tragic and hilarious? 😹
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2025-10-14 12:09