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- Bitcoin had a frightful dip below the hundred grand mark, but rallied with a stiff upper lip to around $101,000.
- A staggering 72 of the top 100 digital whatsits are still trailing woefully behind their best moments – frightfully below form, what?
- A select few, the well-bred sort, continue to do rather well, despite the general muddle.
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The leading cryptocurrency, which had been showing off with a peak above $126,000 in October, has since taken a bit of a lie-down. It briefly slipped under $100,000 earlier in the week, a most unsettling moment, before rallying with commendable pluck to about $101,000.
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The pullback is being put down to a bit of sensible profit-taking after months of energetic climbing. Analysts observe, with a knowing wink, that the general economic climate has lost a little of its pep, with bond yields climbing and investors developing a bit of temperament. Still, Bitcoin remains more than double its price from a year ago – a testament to its robust support among the grander institutions and its continued swagger in the digital asset world.
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Altcoins in a Rather Sticky Wicket
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While Bitcoin’s recovery offers a glimmer of hope, the rest of the market is still looking a bit peaky. A report from Galaxy Research revealed that a frankly alarming 72 of the top 100 cryptocurrencies are still gasping for breath, trading more than 50% below their former glory. It highlights how uneven this bull run has been, with funds flowing towards the more established names whilst the smaller players struggle to win back the publicâs favour.
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Tokens such as Filecoin (FIL), Internet Computer (ICP), The Graph (GRT), Celestia (TIA), and Tezos (XTZ) were singled out as being particularly down on their luck. Even once-promising contenders like Polkadot (DOT), Avalanche (AVAX), and Cardano (ADA), not to mention politically-inspired coins like TRUMP, havenât quite recaptured their previous enthusiasm. đ©
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The Steadfast Few
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Despite the general disarray, a few major players have managed to keep their chins up. Bitcoin, Ethereum (ETH), Binance Coin (BNB), XRP, and Unus Sed Leo (LEO) are among those with losses kept below 40%. Their fortitude underscores the marketâs growing fondness for liquidity, scale, and, dare I say, actual usefulness.
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Other names like Tron (TRX), HYPE, and Monero (XMR) have also remained reasonably stable. Sustained activity on the blockchain and devoted communities have helped these assets weather the storm that has troubled so much of the market.
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72 of the top 100 cryptos by market cap are -50% or more from their prior all-time highs
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– Galaxy Research (@glxyresearch)
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A Moment for Reflection
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Analysts are rather split on what’s to come. Some see this dip as a healthy breather after an overexuberant sprint, while others caution that a period of stagnation may follow before any further advances.
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However, the general consensus is that Bitcoinâs ability to remain near the $100,000 mark is rather vital for morale. A strong recovery could breathe new life into things, while a deeper slump might send investors scurrying for cover.
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For the time being, traders are watching closely as Bitcoin hovers just above six figures – a symbolic sum that could well determine the mood for the remainder of 2025.
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A word to the wise: the information herein is for educational purposes only and shouldn’t be taken as advice on financial matters. Coindoo.com doesn’t endorse any particular investment strategy or cryptocurrency. Do your own digging and consult a proper financial chap before committing any funds.
- Bitcoin had a frightful dip below the hundred grand mark, but rallied with a stiff upper lip to around $101,000.
- A staggering 72 of the top 100 digital whatsits are still trailing woefully behind their best moments – frightfully below form, what?
- A select few, the well-bred sort, continue to do rather well, despite the general muddle.
The leading cryptocurrency, which had been showing off with a peak above $126,000 in October, has since taken a bit of a lie-down. It briefly slipped under $100,000 earlier in the week, a most unsettling moment, before rallying with commendable pluck to about $101,000.
The pullback is being put down to a bit of sensible profit-taking after months of energetic climbing. Analysts observe, with a knowing wink, that the general economic climate has lost a little of its pep, with bond yields climbing and investors developing a bit of temperament. Still, Bitcoin remains more than double its price from a year ago – a testament to its robust support among the grander institutions and its continued swagger in the digital asset world.
Altcoins in a Rather Sticky Wicket
While Bitcoin’s recovery offers a glimmer of hope, the rest of the market is still looking a bit peaky. A report from Galaxy Research revealed that a frankly alarming 72 of the top 100 cryptocurrencies are still gasping for breath, trading more than 50% below their former glory. It highlights how uneven this bull run has been, with funds flowing towards the more established names whilst the smaller players struggle to win back the publicâs favour.
Tokens such as Filecoin (FIL), Internet Computer (ICP), The Graph (GRT), Celestia (TIA), and Tezos (XTZ) were singled out as being particularly down on their luck. Even once-promising contenders like Polkadot (DOT), Avalanche (AVAX), and Cardano (ADA), not to mention politically-inspired coins like TRUMP, havenât quite recaptured their previous enthusiasm. đ©
The Steadfast Few
Despite the general disarray, a few major players have managed to keep their chins up. Bitcoin, Ethereum (ETH), Binance Coin (BNB), XRP, and Unus Sed Leo (LEO) are among those with losses kept below 40%. Their fortitude underscores the marketâs growing fondness for liquidity, scale, and, dare I say, actual usefulness.
Other names like Tron (TRX), HYPE, and Monero (XMR) have also remained reasonably stable. Sustained activity on the blockchain and devoted communities have helped these assets weather the storm that has troubled so much of the market.
72 of the top 100 cryptos by market cap are -50% or more from their prior all-time highs
– Galaxy Research (@glxyresearch)
A Moment for Reflection
Analysts are rather split on what’s to come. Some see this dip as a healthy breather after an overexuberant sprint, while others caution that a period of stagnation may follow before any further advances.
However, the general consensus is that Bitcoinâs ability to remain near the $100,000 mark is rather vital for morale. A strong recovery could breathe new life into things, while a deeper slump might send investors scurrying for cover.
For the time being, traders are watching closely as Bitcoin hovers just above six figures – a symbolic sum that could well determine the mood for the remainder of 2025.
A word to the wise: the information herein is for educational purposes only and shouldn’t be taken as advice on financial matters. Coindoo.com doesn’t endorse any particular investment strategy or cryptocurrency. Do your own digging and consult a proper financial chap before committing any funds.
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2025-11-07 06:23