Two Analytics Companies Warn About Altcoins! “While Bitcoin Resists, the Sharpest Drop Since April is on the Horizon for Altcoins!”
Photo: Bitcoin Sistemi
Last week's better-than-expected US economic data and the drop in South Korea's Kospi index also impacted the cryptocurrency market. Bitcoin and altcoins experienced sharp declines, with altcoins taking the hardest hit. According to Glassnode, while the recent negative events haven't significantly impacted Bitcoin, they appear to have increased selling pressure on altcoins. Altcoins Fell Sharply Over the Weekend! The Sharpest Loss Since April is On the Horizon! Altcoins lost over 5% of their value over the weekend due to increased selling pressure.
Source: Bitcoin Sistemi
