Bitcoin slides as ICP, HYPE, and ASTER buck the trend
ICP, HYPE, ASTER Gain as Bitcoin Falls Below $90,000
- Bitcoin fell below $90,000, hitting its lowest level in seven months, with most major cryptocurrencies losing value.
- Despite the market slump, ICP, HYPE, and ASTER posted notable gains, defying broader crypto declines.
- The total crypto market capitalization slid sharply, but weekend trading was quieter, with select altcoins showing resilience.
Bitcoin experienced continued price declines over several days, dropping below $90,000 in recent trading, according to market data. Most altcoins followed the downward trend, though several tokens posted gains against the broader market movement.
The primary cryptocurrency entered November at elevated levels before declining during the first week of the month, according to price data . Bitcoin briefly recovered the following week before resuming its downward trajectory over subsequent days.
The digital asset reached its lowest level in approximately seven months during the recent decline, market data showed. Bitcoin has since recovered some ground, though its market capitalization has fallen significantly. The cryptocurrency’s dominance metric relative to altcoins has also declined, according to market tracking services.
Most altcoins declined alongside Bitcoin’s ( BTC ) price movement, consistent with typical market correlation patterns. Several large-cap cryptocurrencies lost value, while many lower- and mid-cap altcoins experienced similar or steeper declines, market data indicated.
Several tokens defied the broader market decline, with ICP ( ICP ), HYPE ( HYPE ), and ASTER ( ASTER ) ranking among top gainers during the period, according to trading data. The total cryptocurrency market capitalization declined sharply over the trading day.
Weekend trading showed reduced volatility, with Bitcoin remaining in a tight price range before the subsequent decline, market observers noted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Bitcoin Falls Under $87K: Opposing Indicators Suggest Recovery Possible During Market Volatility
- Bitcoin fell below $87,000 in November 2025, triggering $914M in liquidations but retesting key technical support levels. - Contrarian signals emerge as retail fear indices hit yearly lows, historically preceding market reversals amid Fed easing expectations. - Corporate adoption grows: MicroStrategy's $2.8B Q3 profit highlights BTC's institutional value despite retail volatility. - Market dynamics shift with Bitcoin's dominance dropping to 58.8%, suggesting cautious altcoin rotation and regulatory risks
X Financial Reports 23.9% Revenue Growth Amid Quarter-over-Quarter Profit Decline and Strategic Adjustments
- X Financial reported 23.9% YoY revenue growth in Q3 2025 despite 26.1% sequential non-GAAP net income decline, driven by rising credit costs and moderating borrower activity. - Strategic pivot to disciplined risk management projected Q4 2025 loan originations of RMB21-23B, while $48M remains in its $100M share repurchase program after 4.26M ADSs bought back in 2025. - XRP Tundra accelerates institutional acquisition with December 15 retail allocation deadline, while CI Global merged funds and expanded cu
TNSR Jumps 80% Despite Crypto Slump, Sparking Concerns Over Centralization
- TNSR surged 80% in 24 hours amid broader crypto market declines, driven by Tensor Foundation's acquisition of its NFT marketplace and token supply adjustments. - The deal included burning 21.6% unvested tokens, relocking founders' tokens, and centralizing 100% marketplace fees to boost treasury and governance alignment. - Analysts highlight mixed reactions: while structural changes boosted investor confidence, low NFT trading volume and governance centralization raise sustainability concerns. - TNSR's 40
Bitcoin Updates: Crypto Market Swings Intensify Amid Whale Sell-Offs, Quantum Security Concerns, and Growing ETF Presence
- Bitcoin whale Owen Gunden liquidated his 14-year 11,000 BTC portfolio ($1.3B) in tranches to avoid market slippage, signaling bearish sentiment amid crypto's volatile weekend. - 21Shares launched the 2X Long Dogecoin ETF (TXXD) on Nasdaq, marking institutional adoption of meme coins despite DOGE's 19% 30-day price drop. - Quantum computing risks resurfaced after Ray Dalio's comments, sparking debate over SHA-256 vulnerabilities and exacerbating retail investor panic. - Peter Schiff challenged MicroStrate
Trending news
MoreCrypto prices
More
