Altcoins outperform BTC when 70% of coins return above the 200-day moving average 📈
The uptrend in altcoins has been very strong in recent days.
The Total3 index—representing altcoin market capitalization (excluding ETH)—has just returned above the $80 billion mark, a level not seen in over 8 months. This move marks a clear breakout beyond the May peak, reinforced by the impressive closing price.
Thus, a highly positive momentum is forming in altcoins, helping this group temporarily outperform BTC. However, it’s important to note that conditions can change quickly, so caution is still necessary.
⚠️ Information is for reference only and not investment advice.
#bitcoin #btc $BTC
The uptrend in altcoins has been very strong in recent days.
The Total3 index—representing altcoin market capitalization (excluding ETH)—has just returned above the $80 billion mark, a level not seen in over 8 months. This move marks a clear breakout beyond the May peak, reinforced by the impressive closing price.
Thus, a highly positive momentum is forming in altcoins, helping this group temporarily outperform BTC. However, it’s important to note that conditions can change quickly, so caution is still necessary.
⚠️ Information is for reference only and not investment advice.
#bitcoin #btc $BTC
