Among the ten highest-volume coins, only $PEPE is in the green
At 12:00 (UTC+8), looking at the top ten by trading volume, 24-hour changes: $BTC -1.61%, $ETH -2.21%, SOL -2.37%, ZEC -6.33%, XRP -3.56%, BNB -0.07%, $PEPE +0.81%, NEAR -6.04%, SNDKB -1.29%, ENA -5.60%.
I noticed three things:
1. Nine of the ten are down. The only one up is $PEPE at +0.81%, while BNB is just shy of flat.
2. The three biggest losers are ZEC, NEAR, and ENA, all down more than 5.60%—over 3.5 times the drop in $BTC .
3. The three largest, BTC, ETH, and SOL, are down between 1.61% and 2.37%. Large caps are slipping slowly, while mid- and small-caps are seeing amplified moves.
My take: this isn’t a broad-based decline; it’s uneven, with volatility increasing further down the list. When checking today’s volume rankings, don’t focus on just one number for $BTC .
Which do you think will recover first: the large caps, or the harder-hit coins like ZEC? Share your reasoning.
At 12:00 (UTC+8), looking at the top ten by trading volume, 24-hour changes: $BTC -1.61%, $ETH -2.21%, SOL -2.37%, ZEC -6.33%, XRP -3.56%, BNB -0.07%, $PEPE +0.81%, NEAR -6.04%, SNDKB -1.29%, ENA -5.60%.
I noticed three things:
1. Nine of the ten are down. The only one up is $PEPE at +0.81%, while BNB is just shy of flat.
2. The three biggest losers are ZEC, NEAR, and ENA, all down more than 5.60%—over 3.5 times the drop in $BTC .
3. The three largest, BTC, ETH, and SOL, are down between 1.61% and 2.37%. Large caps are slipping slowly, while mid- and small-caps are seeing amplified moves.
My take: this isn’t a broad-based decline; it’s uneven, with volatility increasing further down the list. When checking today’s volume rankings, don’t focus on just one number for $BTC .
Which do you think will recover first: the large caps, or the harder-hit coins like ZEC? Share your reasoning.
