Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
#$BERA Trading is Now Open These Altcoins Extend Losses As BTC Faced Rejection At $100K (Weekend Watch)
Bitcoin’s price struggles continue as the asset was violently rejected at $100,000 yesterday and pushed south by over four grand in hours.
Nevertheless, many altcoins are in even worse condition, with massive double-digit losses on a weekly scale.
BTC Up and Down
It was a painful week for the primary cryptocurrency, which started during the previous weekend with a price slump from $102,000 to $97,000 on Sunday morning after Trump’s tariffs against China, Mexico, and Canada. The situation worsened on Monday morning with another nosedive to under $92,000.
However, the cryptocurrency exploded out of the blue at this point and added ten grand within hours to spike above $102,000. That was short-lived, though, as it quickly lost the six-digit price tag and headed toward $97,000.
After a few days of sideways action around that line, BTC jumped to just over $100,000 on Friday. Yet, the bears were quick to intercept the move and didn’t allow a further increase. Moreover, the rejection was quite brutal as it pushed bitcoin south to under $96,000.
The asset now struggles to reclaim that level, and its market capitalization is close to breaking below $1.9 trillion. Its dominance over the alts, though, is quite high (close to 59% on CG), as most of them have been hit harder.
BTCUSD. Source: TradingView Alts Back in Red
The alternative coins suffered even more than BTC, and many continue to be well in the red. Ethereum has dumped by 4% over the past day alone and struggles to remain above $2,600. Chainlink, SUI, AVAX, ADA, and XMR are the other substantial price losers from the larger-cap alts, with declines of up to 7%.
DOGE, BNB, SOL, and HBAR are also in the red, albeit in a less painful manner. XRP and TRX are among the few alts with minor gains over the past day.
Nevertheless, the total crypto market cap has shed another $80 billion since yesterday and is down to $3.250 trillion on CG.
Cryptocurrency Market Overview. Source: QuantifyCrypto
The post These Altcoins Extend Losses as BTC Faced Rejection at $100K (Weekend Watch) appeared first on CryptoPotato.#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out? #$BERA Trading is Now Open