đ August 13-14 Top Losers: LAB, BCH, DEXE Lead Market Swoon đ„
Bitcoin slid below $62,700 and the Fear & Greed Index held in "Fear" territory, with a broad risk-off move hitting the markets.
1/ LAB -19.63% â ~$0.09 đ„
The day's biggest loser. A token unlock for the LAB ecosystem just went live, causing immediate sell pressure as recipients cashed out their rewards, triggering a spike in volume 243%.
2/ Bitcoin Cash (BCH) -3.91% â ~$206 đ„
BCH broke below key technical support levels with heavy selling volume confirming the move. Broad altcoin weakness dragged it lower despite a flat market.
3/ DeXe (DEXE) -45%+ đ„
Continuing its downward spiral after a brutal rejection from all-time highs. Parabolic rises often reverse violently, with thin liquidity amplifying the downside.
Verdict: LAB (unlock-related dump), BCH (technical breakdown), DEXE (parabolic unwind). đ
#CryptoLosers #MarketCorrection
Like & follow for daily alpha! DYOR â not financial advice. đ„
$BCH
Bitcoin slid below $62,700 and the Fear & Greed Index held in "Fear" territory, with a broad risk-off move hitting the markets.
1/ LAB -19.63% â ~$0.09 đ„
The day's biggest loser. A token unlock for the LAB ecosystem just went live, causing immediate sell pressure as recipients cashed out their rewards, triggering a spike in volume 243%.
2/ Bitcoin Cash (BCH) -3.91% â ~$206 đ„
BCH broke below key technical support levels with heavy selling volume confirming the move. Broad altcoin weakness dragged it lower despite a flat market.
3/ DeXe (DEXE) -45%+ đ„
Continuing its downward spiral after a brutal rejection from all-time highs. Parabolic rises often reverse violently, with thin liquidity amplifying the downside.
Verdict: LAB (unlock-related dump), BCH (technical breakdown), DEXE (parabolic unwind). đ
#CryptoLosers #MarketCorrection
Like & follow for daily alpha! DYOR â not financial advice. đ„
$BCH