After steadily hovering above $10,000, Bitcoin has just plunged below this pivotal mark. According to CoinMarketCap data, the top currency is down 4 percent over the last 24 hours, but its market dominance has actually increased to 69.3 percent.
As expected, altcoins have been hit even harder. EOS has experienced a 9 percent drop, which is the biggest daily loss among the top 10 coins.
Overall, there are very few coins within the CMC top 100 that stayed above the fray, which means that an alt seasons is probably not coming anytime soon.