Crypto markets took a sharp hit on Thursday, with Bitcoin falling below $110,000.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $109,979.89 |
| Ethereum | (CRYPTO: ETH) | $3,938.55 |
| Solana | (CRYPTO: SOL) | $199.94 |
| XRP | (CRYPTO: XRP) | $2.80 |
| Dogecoin | (CRYPTO: DOGE) | $0.2286 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001187 |
Notable Statistics:
- Coinglass data shows 251,897 traders were liquidated in the past 24 hours for $1.12 billion.
- In the past 24 hours, top gainers include Plasma (CRYPTO: XPL), MYX Finance (CRYPTO: MYX) and Tether Gold (CRYPTO: XAUT).
Notable Developments:
- Circle Reportedly Looking Into ‘Reversible’ Stablecoin Transactions
- Mike Novogratz Says This Crypto Is Set To Get The ‘Lion Share’ Of Financial Market Bounty Thanks To Its Speed, Processing Powers
- Bitmine Stock Tumbles As Bitcoin Drops, ETH Plunges Below $4,000
- Cloudflare Unveils ‘NET Dollar’ Stablecoin To Power Agentic Web
- HIVE Digital Stock Rises 5% After Hours As Company Captures 2% Of Bitcoin Mining Network, Boosts Efficiency Outlook
Trader Notes: Stockmoney Lizards sees the dip as a fake-out, eyeing support at $109,000, $107,000, and $105,000, with a buy plan near the EMA200 at $105,000, while still expecting October to turn bullish.
CrediBULL Crypto says says BTC lost its key support zone and is waiting for either a retest of $103,000 or a reclaim of $114,000 before re-entering.
Michael van de Poppe expects a sweep below $107,000 before reversal, arguing most of the correction is already behind us.
Ted Pillows highlights a liquidity cluster around $108,000 that could still be taken out, especially given stock market weakness.
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