Crypto Market Crash: Bitcoin Slips Below $114K as Altcoins Bleed
The crypto market is facing another sharp downturn, with Bitcoin falling below $114,000, dragging major altcoins even deeper into the red. The total market cap has dropped 3.2% in the last 24 hours — now hovering around $3.65 trillion.
📉 Market Overview:
Total Market Cap: $3.65T (-3.2%)
Bitcoin (BTC): $113K, rejected at $118.6K
Ethereum (ETH): Underperforming against BTC
Top Altcoin Declines:
SOL: -6.64%
TRX: +4.00% (only gainer in top 10)
🔍 Bitcoin Technical Breakdown:
Broke key support at $116K, now acting as resistance
Next major support: $111K–$112K
RSI: 29.20 – deeply oversold, but no reversal yet
Short-term MAs (9 & 21) show a clear bearish cross
🔍 Total Market Cap Chart Insights:
Failed to hold $3.72T, now flipped to resistance
RSI at 27.18 – heavy overselling continues
Trading volume spike = institutional sell-off
Next support zone: $3.54T
🔮 What’s Next?
BTC needs to reclaim $116K–$118K to restore bullish sentiment
RSI signals suggest potential for short-term relief rally
Altcoins remain at high risk of further downside due to volatility
The crypto market is in risk-off mode — and caution is key. Keep an eye on key resistance levels and RSI triggers for possible reversals. Until then, the bears remain in control.
