Bitcoin traded at $10,653 as altcoins stumbled. DigiByte and Orchid bucked the downturn with gains of 11.89% and 30%. Nearly everything else fell. Price swung through the early week session. Bitcoin
Bitcoin traded at $10,653 as altcoins stumbled. DigiByte and Orchid bucked the downturn with gains of 11.89% and 30%. Nearly everything else fell.
Price swung through the early week session. Bitcoin lost 2.95%, sliding into the $10,600 zone. A break below would test $10,500, and further damage could reach the $10,300 weekly lows.
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Red spread across major assets. Ethereum dipped more than 6% to $354. Ripple fell over 4%, around $0.23. ChainLink and Polkadot each declined 4 to 12%.
Coins across the top 100 sank more than 3% in a day. Two coins moved higher. DigiByte shot to $0.029, up 11.89%, as traders responded to news of a partnership with PAC Global. The deal highlighted the blockchain's capabilities. DGB/USD broke above a falling wedge and surpassed $0.026 resistance. The price sat above the 50 and 100-day moving averages, with bulls eyeing $0.03.
Orchid jumped 30% to $0.38. It climbed through the afternoon, bumping into resistance around $0.50. The RSI shifted out of overbought territory into neutral range. If selling resumed, $0.28 would catch bids.
Bigger losses hit other tokens. Flexacoin, Sushiswap, Aave, and Synthetix Network all fell more than 16% against the dollar in 24 hours. Bitcoin's next move would determine whether altcoins found support or sank further.
MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.
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