Markets· ★★★· bearish·

ETH slips below $2,400, Zcash drops 12%, Solana at $103.6 ahead of Alpenglow

  • —ETH hit $2,332 intraday and trades at $2,379, down 5.3% in 24h and 7% on the week
  • —Zcash fell 11.5% to $1,112, retreating from its late-September peak of $1,698
  • —Solana at $103.6, down 10% on the week; Alpenglow activates Oct. 21 at 15:00 UTC
  • —$294M–$333M in ETH positions liquidated in 24 hours, predominantly longs
Why it matters: Leverage flush is hitting altcoins harder than bitcoin; the Fed's Oct. 28 decision remains the key catalyst for the market.
Source: Journal du Coin