Crypto Prices Today: Bitcoin slips below $108,000; Altcoins trade mixed
Bitcoin dipped below $108,000 on Wednesday, trading at $107,954 as of 12:47 PM IST, after touching an intraday low of $106,812. The global crypto market capitalisation declined 0.26% to $3.42 trillion, according to CoinMarketCap.
Ethereum, in contrast, gained 3.5% to $2,728, supported by technical strength and positive momentum. Among altcoins, Solana, Tron, Sui, Hyperliquid, Chainlink, and Stellar fell up to 3%, while BNB, Dogecoin, Cardano, Avalanche, and Shiba Inu rose as much as 2%.
“Bitcoin bounced back after testing support near $106,800,” said Alankar Saxena, Co-founder and CTO of Mudrex. He noted that the market is anticipating fresh liquidity from FTX’s $5 billion creditor payouts, which could boost both Bitcoin and…
