Bitcoin Cash

Aptos

Wednesday

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Daily

Bitcoin’s recent nosedives continued in the past 24 hours as the asset slipped below $60,000 on a couple of occasions but has managed to recover more than a grand and a half since then.
The altcoins are also slightly in the green today following the recent retracements, with DOGE, SHIB, and LINK emerging as the top gainers from the larger caps.
<h2 id="btc-bounces-above-61k">BTC Bounces Above $61K</h2>
It hasn’t been a good week for the primary cryptocurrency so far, and there are <a href="https://cryptopotato.com/how-will-markets-react-to-1b-bitcoin-options-expiring-tomorrow/" data-wpel-link="internal" rel="noopener noreferrer nofollow">signs</a> that today will be another volatile day. The asset stood above $66,000 on Sunday but began to lose value quickly in the following days.
It dropped to $63,000 on Monday, jumped to $64,000 but was pushed south to $62,000 on Tuesday, and kept declining on Wednesday and&nbsp; Thursday. This culminated in dipping beneath $60,000 a few times to mark a three-week low.
However, the bulls managed to intervene after the <a href="https://cryptopotato.com/crypto-markets-bleed-150-billion-in-2-days-as-bitcoin-btc-slumps-toward-60k-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">most recent such correction</a> and defended that coveted level. Moreover, BTC has jumped by over $1,500 since then and now stands at around $61,500.
Its market capitalization has increased by over $20 billion since yesterday and is close to $1.220 trillion on CG. Its dominance over the alts has lost some ground, though, and is down to 54.4% on CG.
<figure id="attachment_364278" aria-describedby="caption-attachment-364278" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-364278" src="https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3.png" alt="Bitcoin/Price/Chart 04.10.2024. Source: TradingView" width="3030" height="1478" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3.png 3030w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-300x146.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-1024x499.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-1536x749.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-2048x999.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/10/BTCUSD-3-50x24.png 50w" sizes="(max-width: 3030px) 100vw, 3030px"></a>
 <figcaption id="caption-attachment-364278" class="wp-caption-text">
 Bitcoin/Price/Chart 04.10.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="alts-in-recovery-mode">Alts in Recovery Mode</h2>
Most altcoins followed BTC on the way south, and some charted even more painful declines. However, they have managed to halt the freefalls and are actually in the green on a daily scale now.
Following 1-2% increases, ETH has neared $2,400 while BNB has tapped $550. Solana, Ripple, Tron, and Bitcoin Cash have charted similar gains overnight.
More impressive price jumps come from the likes of Dogecoin, Shiba Inu, Chainlink, Cardano, Avalanche, and others. Aptos has soared by 10% daily to almost $9, followed by BEAM (9.5%), and AAVE (9.5%).
The total crypto market cap is up by around $40 billion in a day and has increased to $2.240 trillion on CG.
<figure id="attachment_364279" aria-describedby="caption-attachment-364279" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-364279" src="https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="3122" height="1494" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940.png 3122w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-300x144.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-1024x490.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-768x368.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-1536x735.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-2048x980.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/10/Screenshot-2024-10-04-113940-50x24.png 50w" sizes="(max-width: 3122px) 100vw, 3122px"></a>
 <figcaption id="caption-attachment-364279" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/bitcoin-btc-reclaims-61k-aptos-apt-soars-10-daily-market-watch/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Reclaims $61K, Aptos (APT) Soars 10% Daily (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin (BTC) Reclaims $61K, Aptos (APT) Soars 10% Daily (Market Watch)

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