Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
BTC Recovery Halted at $110K, XRL Skyrockets 23% Daily: Weekend Watch

BTC Recovery Halted at $110K, XRL Skyrockets 23% Daily: Weekend Watch

CryptopotatoCryptopotato2025/09/26 16:00
By:Author: Jordan Lyanchev

XPL is today’s top performer shortly after its launch.

It was a painful week for bitcoin as its price tumbled from over $115,000 last weekend to a monthly low of under $109,000 before it managed to recover some ground on Friday evening, only to be stopped at $110,000.

Although most altcoins have failed to produce impressive increases since yesterday, MYX and XPL have emerged as top performers.

BTC Stopped at $110K

Recall that the primary cryptocurrency shot up to $118,000 last Thursday after the US Fed pivoted from its 2025 monetary policy and finally reduced the key interest rates. However, that rally was short-lived and BTC quickly returned to $115,000-$116,000 for the weekend.

The actual correction, though, was yet to take place . At first, bitcoin slumped by over five grand on Monday and dropped to $112,000. Following another brief recovery attempt, the bears continued to put pressure on the asset at the end of the week.

The culmination, at least for now, occurred on Friday morning when BTC dumped below $109,000 for the first time since the start of the month. It bounced off in the evening trading session and even exceeded $110,000, but it was quickly stopped there and now trades well below that line.

Its market cap has dropped further to $2.175 trillion on CG, while its dominance over the altcoins stands tall at 56.5%.

XPL Rockets

Most altcoins were obliterated during the market-wide crash, and ETH was among the poorest performers. The second-largest crypto asset went from roughly $4,500 to a multi-month low of under $3,900. It recovered some ground and briefly jumped above $4,000 yesterday, but it sits below it now.

On a daily scale, most larger-cap alts are slightly in the green but in a modest manner. More impressive daily gains come from IP, which has rocketed by 14%, WLFI (5%), MNT (5%), and WLD (4%).

The recently launched Plasma (XPL) has gained the most today (22%), followed by MYX’s 18% surge.

The total crypto market cap remains sluggish at $3.850 trillion after losing over $300 billion in a week.

0
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Renewable Energy Learning: An Unseen Driver of Expansion in 2025

- 2025 wind energy education programs are critical for addressing a 100,000-technician labor gap and advancing green infrastructure. - Institutions like STL USA and NREL integrate AI analytics, blade recycling, and hands-on turbine training to meet industry demands. - Industry partnerships with OEMs and $36M+ in federal funding accelerate workforce development but face policy risks from DOI land-use restrictions. - Global clean energy investment reached $2.1T in 2024, with U.S. renewables accounting for 93

Bitget-RWA2025/12/13 14:04
Renewable Energy Learning: An Unseen Driver of Expansion in 2025

Investing in EdTech and Skills Training to Empower Tomorrow's Workforce

- Global high-growth sectors like AI, renewables, and biotech are reshaping workforce demands, driving rapid STEM education evolution through edtech and vocational training. - AI-powered adaptive learning and immersive VR/AR tools now personalize education, with 36% of 2024 edtech funding directed toward workforce-specific skill development. - Vocational programs and industry partnerships (e.g., U.S. EC4A, EU Green Deal) are closing STEM skills gaps, creating direct pipelines to 16.2M+ clean energy jobs by

Bitget-RWA2025/12/13 13:44
Investing in EdTech and Skills Training to Empower Tomorrow's Workforce

The Rising Influence of EdTech on Career-Focused Investment Prospects

- Global EdTech market grows at 20.5% CAGR to $790B by 2034, driven by STEM/digital skills demand. - STEM workers earn 45% higher wages; 10.4% occupation growth vs 4.0% non-STEM, reshaping labor markets. - 2025 EdTech VC investments show 35% YoY decline, concentrating on AI tools and scalable upskilling platforms. - MENA/South Asia EdTech sees 169% funding growth, addressing equity gaps through global platforms. - AI-driven EdTech and M&A activity (e.g., ETS-Ribbon) highlight sector's shift toward outcome-

Bitget-RWA2025/12/13 13:12

KITE Price Forecast Following Listing: Managing Post-IPO Fluctuations and Institutional Investor Outlook

- Kite Realty Group (KITE) fell 63% post-IPO despite strong retail occupancy and NOI growth, highlighting valuation disconnect between real estate fundamentals and tech IPO expectations. - Institutional sentiment split: COHEN & STEERS boosted holdings by 190% amid industrial pivot, while others divested $18. 3M , reflecting uncertainty over hybrid retail-industrial strategy execution. - Analysts remain divided on $24–$30 price targets, balancing KITE's 7.4% dividend increase and industrial shift against ma

Bitget-RWA2025/12/13 13:12
KITE Price Forecast Following Listing: Managing Post-IPO Fluctuations and Institutional Investor Outlook
© 2025 Bitget