Bitcoin Plunges Back Below $110K as Crypto Rally Falters, Ether Crashes 8%
Crypto markets hit turbulence as Bitcoin's recovery momentum evaporates—dropping below the $110K threshold while Ethereum suffers an 8% nosedive.
The Great Unraveling
Bitcoin's brief flirtation with recovery ends abruptly as selling pressure overwhelms bullish sentiment. The flagship cryptocurrency tumbles back under $110,000—wiping out recent gains and testing investor resolve.
Ethereum's Rough Ride
Ether isn't just dipping—it's in freefall. The 8% plunge highlights how altcoins often amplify Bitcoin's moves, both up and down. Smart contract platforms show no immunity when volatility strikes.
Market Mechanics Exposed
Traders watch support levels crack like cheap champagne at a Wall Street party—plenty of fizz but no substance. The 'bounce' everyone hoped for? More like a dead cat's disappointing thud.
When crypto zigs, traditional finance zags—proving once again that digital assets dance to their own volatile rhythm while bankers collect fees regardless.