Should We Panic About Bitcoin and Altcoins After the Recent Drops? An Analysis Firm Responded by Naming Specific Altcoins

Cryptocurrency analysis platform Santiment addressed the declines in Bitcoin (BTC) and altcoins in its market review published today. While the company's on-chain data shows that large investors continue to accumulate, some key indicators suggest that the conditions for a strong rally have not yet been met. According to data shared by Santiment, Bitcoin fell to approximately $81,500, losing nearly 2% on a weekly basis. Ethereum (ETH) also experienced a 2.2% decrease during the same period. The total value of the cryptocurrency market decreased by 1.5%, while trading volumes saw a decline of approximately 7%.

Source: Bitcoin Sistemi