Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Solana and BNB Under Pressure in a Market That’s Only Rewarding Bitcoin

6h ago
bullish:

0

bearish:

0

Share
CryptoQuant data reveals a $36B sell-off in altcoins as the Altcoin Season Index score of 17 shows a
  • 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.

6h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.