The market gave everyone a scare today, so I went to check how big it really was. $BTC is hovering around US$77,500 and is down 4.75% over the past 24 hours. But when I compare it with the whole month, the picture changes: over 30 days, bitcoin is down 7.3%, while ETH is down 16.8% and SOL is down 19.4%.
Those holding smaller coins lost more than twice as much as those holding bitcoin. It’s the classic pattern on a day of fear: money doesn’t leave the market; it leaves riskier assets.
My take is that this is a positioning move, not the end of the cycle—but I don’t have a crystal ball, and today’s drop has already shown why no one should invest money they can’t afford to watch fall in value.
Tap $BTC here in the text and check the current price. Are you holding what fell less or what fell more?
Those holding smaller coins lost more than twice as much as those holding bitcoin. It’s the classic pattern on a day of fear: money doesn’t leave the market; it leaves riskier assets.
My take is that this is a positioning move, not the end of the cycle—but I don’t have a crystal ball, and today’s drop has already shown why no one should invest money they can’t afford to watch fall in value.
Tap $BTC here in the text and check the current price. Are you holding what fell less or what fell more?
