BTC Falls Below $112K as ETH Slides 13%
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Flare (FLR) has defied the ongoing correction of the crypto market, registering a 6% price increase.
The past several hours have offered another substantial pullback for Bitcoin, with its price plunging well below $112,000.
Ethereum (ETH) performed even worse, dropping under $4,000 for the first time since the beginning of August.
The Bears are in Charge Again
Bitcoin had its good moments yesterday (September 25), with its price soaring to almost $114,000 at one point. However, the bears intercepted that uptick and managed to reverse the trajectory.
Red Day for the Alts, too
The second-largest cryptocurrency, Ethereum (ETH), has posted an even more significant price decrease than the industry’s leader. A few hours ago, its price slid below $4,000 for the first time since early August. Later on, the bulls managed to push the valuation above that psychological mark.
Other well-known altcoins, including Binance Coin (BNB), Solana (SOL), Cardano (ADA), Avalanche (AVAX), and many more, are also in deep red territory today.
Among the few exceptions in the green are Flare (FLR), MYX Finance (MYX), Bitget Token (BGB), and OKB (OKB).
The total market capitalization of the cryptocurrency sector has plunged by 1.4% and stands at approximately $3.93 trillion.
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