The crypto market is telling two very different stories today. Bitcoin is nursing an 8% weekly loss and trading just above $84,000, yet scroll one line down the rankings and the screen turns green: XRP, Cardano, Chainlink and Dogecoin are all up double digits on the week, and privacy coins are posting numbers we have not seen since 2016. Money is not leaving crypto, it is rotating. Here is the full breakdown of crypto prices today, why Bitcoin is lagging, and which altcoins are stealing the show.
Why Is the Bitcoin Price Down This Week?
Bitcoin ($BTC) is trading at $84,097, down 0.41% over the past 24 hours and 8.32% over the past seven days. The pullback from September's highs leaves BTC slightly negative for the year at minus 3.90%, with a market cap of $1.68 trillion and around $36.5 billion in daily volume.
The macro backdrop is doing most of the damage. Futures markets are now pricing in as many as four Fed rate hikes by June 2027, and the combination of rising bond yields and a stronger dollar has taken the wind out of both Bitcoin and gold. On top of that, an $80 million wave of long liquidations hit the market as BTC stalled around the $84,000 l...
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