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This weekend is somewhat different than the status quo, as BTC has experienced a lot more volatility, mainly heading south.
The altcoins have suffered even more, with the likes of DOGE, APT, WIF, and many others dropping by well over 5% in the past day.
<h2 id="btc-slipped-below-68k">BTC Slipped Below $68K</h2>
The business week started on a highly positive note for bitcoin as it jumped from $67,500 to over $71,500 on Monday and Tuesday morning. The bulls kept pushing the gas pedal, which culminated in a price surge to $73,600 later on Tuesday. As BTC came $150 away from marking a new all-time high, though, the landscape started to change, and the asset retreated to $72,000 by Wednesday.
More painful declines followed on Thursday and Friday, as the cryptocurrency dropped to $68,800. It <a href="https://cryptopotato.com/bitcoin-price-reclaims-70k-despite-weaker-than-expected-us-jobs-data/" data-wpel-link="internal" rel="noopener noreferrer nofollow">bounced off</a> almost immediately and soared to $71,600, but it faced another <a href="https://cryptopotato.com/bitcoin-btc-stopped-at-71k-cardano-ada-jumps-6-daily-weekend-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">rejection</a>.
The bears pushed it south to $68,800 once again on Saturday, but they remained persistent, and bitcoin fell to a weekly low of under $68,000 earlier today.
It has recovered some ground since then and now trades close to $68,500. Nevertheless, it is still 2% down on the day, and its market cap has declined to $1.350 trillion. The silver lining is that its dominance over the alts has jumped to 56.6% on CG.
<figure id="attachment_368876" aria-describedby="caption-attachment-368876" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-368876" src="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2.png" alt="Bitcoin/Price/Chart 03.11.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-2-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-368876" class="wp-caption-text">
 Bitcoin/Price/Chart 03.11.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="alts-turn-red">Alts Turn Red</h2>
The entire altcoin field has turned red today, with ETH and BNB dropping by around 3% each. Consequently, ETH now sits below $2,450, while BNB is close to breaking below $560. Similar declines are evident from SOL, XRP, TRX, TON, LINK, and BCH.
Even more painful performances come from ADA (-5%), AVAX (-6%), and Dogecoin (-7.5%). In fact, the larger meme coin is the biggest loser over the past 24 hours from the larger-cap alts.
More price plummets come from BRETT (-9%), PYTH (-8%), MEW (-8%), ICP (-7.5%), and APT (-7%).
The total crypto market cap has shed another $60 billion overnight and is under $2.4 trillion on CG.
<figure id="attachment_368877" aria-describedby="caption-attachment-368877" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-368877" src="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1882" height="824" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449.png 1882w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449-300x131.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449-1024x448.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449-768x336.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449-1536x673.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-03-080449-50x22.png 50w" sizes="(max-width: 1882px) 100vw, 1882px"></a>
 <figcaption id="caption-attachment-368877" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/these-altcoins-dump-the-most-as-bitcoin-btc-dropped-below-68k-weekend-watch/" rel="noopener noreferrer nofollow">These Altcoins Dump the Most as Bitcoin (BTC) Dropped Below $68K (Weekend Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

These Altcoins Dump the Most as Bitcoin (BTC) Dropped Below $68K (Weekend Watch)

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