^^^^^Bitcoin Snags a £K…Again. Boost for ASTER?¯\_(ツ)_/¯

by

Once upon a Thursday, Bitcoin (BTC), in a daring attempt to leap the mighty $113,000 barrier, succumbed to the cruel reality of gravity and instead performed a spectacular nosedive to $111,500. The planet paused for breath, wondering if it was, perhaps, all just a clever stage act by extraterrestrial beings. 🛸

A few of the altcoin dominoes, which otherwise were gracefully tumbling downwards, took the unexpected opportunity to defy the downward trend, with ASTER and Immutable (IMX) emerging as the breakout candidates of the intergalactic stock exchange.

It was a roller coaster ride on the cosmic-scale (“exciting” is too generous) another erratic day for BTC. Following a triumphant hop over $113,000 on September 23, Bitcoin decided to slide back, much like a teenager realizing they won’t reach their goal weight by three Tuesdays. Spoiler alert: It counted as a correction, plunging to $111,400 and then breaching $113,000 again, before settling at around $112,400. Equilibrium is overrated, like drinks at a Vogon party. 🚀🍹

The audacious descent was likely influenced by a dramatic soliloquy from Federal Reserve Chairman Jerome Powell. Among his party tricks: revealing worrying tidbits about the American economy and habilimented jest at the overvaluation of assets. Usually, that’s where stocks write poignant novellas, but not today!

The noble bulls (the ones that often do far worse in games of football) came to BTC’s rescue, stabilizing the asset before it entirely vanished into a black hole. Bitcoin’s market capitalization holds fast, a stately $2.24 trillion, with dominance over altcoins at a modest 56.16%. “Steady as she goes!” you might hear someone mutter haplessly.

The ascension of a few cosmic coins amidst a mostly downward trending star field went unnoticed until someone recalibrated the astrovoyager’s sensors. Ethereum (ETH), like a fuddy-duddy losing its charm, slid 1% below $4,200. Solana (SOL) dared to close its eyes and bear the brunt of a 4% drop to $210. Hyperliquid (HYPE), who evidently preferred freefall, plummeted by 10% to below $44. The audacity! 💥

But fear not, the universe is merciful! ASTER took the attendees’ breath away with a 40% rise, rocketing to $2.33. Immutable (IMX) followed not far behind with a sprightly 10% jump to $0.75. Small potatoes, but not many around at the moment. Other hopeful altcoins, like Quant (QNT), Sky (SKY), and Pi Network (PI), also made some elusive little gains that nobody seems to notice from space. 🌌

The collective brainpan of the cryptocurrency sector, feverishly tracked at $3.98 trillion, underwent a minor 0.7% haircut compared to the previous day. Truly, nothing moves fast in this area unless you count the current financial downturn.

Read More

2025-09-24 11:56