Solana and BNB Under Pressure in a Market That’s Only Rewarding Bitcoin
- Altcoin sentiment remains weak as buy/sell volume dips by $36B since December
- Bitcoin dominance persists with altseason index stuck at just 23 out of 100
- Market shows fragility as BTC must reclaim $106K to confirm bullish momentum
Bitcoin holds steady near the $104K mark as altcoins underperform and market concerns grow. While Bitcoin bulls stay active, most altcoins remain stuck in a prolonged slump. The broader crypto market feels split, with Bitcoin leading the charge but dragging altcoins in tow.
Investors seeking signs of an altcoin revival may need to wait longer, as recent data paints a rather subdued picture. CryptoQuant’s latest metrics suggest the much-anticipated altseason could be farther away than many hoped.
Altcoin Sentiment Stays Low Despite Market Movements
According to CryptoQuant, the 1-Year Cumulative Buy/Sell Quote Volume Difference for altcoins excluding Bitcoin and Ethereum c…
The post Solana and BNB Under Pressure in a Market That’s Only Rewarding Bitcoin appeared first on Coin Edition.
Read More
Solana and BNB Under Pressure in a Market That’s Only Rewarding Bitcoin
- Altcoin sentiment remains weak as buy/sell volume dips by $36B since December
- Bitcoin dominance persists with altseason index stuck at just 23 out of 100
- Market shows fragility as BTC must reclaim $106K to confirm bullish momentum
Bitcoin holds steady near the $104K mark as altcoins underperform and market concerns grow. While Bitcoin bulls stay active, most altcoins remain stuck in a prolonged slump. The broader crypto market feels split, with Bitcoin leading the charge but dragging altcoins in tow.
Investors seeking signs of an altcoin revival may need to wait longer, as recent data paints a rather subdued picture. CryptoQuant’s latest metrics suggest the much-anticipated altseason could be farther away than many hoped.
Altcoin Sentiment Stays Low Despite Market Movements
According to CryptoQuant, the 1-Year Cumulative Buy/Sell Quote Volume Difference for altcoins excluding Bitcoin and Ethereum c…
The post Solana and BNB Under Pressure in a Market That’s Only Rewarding Bitcoin appeared first on Coin Edition.
Read More