These Altcoins Challenge Bitcoin: When Bitcoin Falls, These Altcoins Rise! This is the star of the day!
Leading cryptocurrency Bitcoin has experienced a significant drop this morning, dipping below $66,000.
While most altcoins have accompanied Bitcoin's decline, some altcoins have maintained a positive divergence from the market despite falling, unnerving those who expected a drop.
Altcoins showing positive divergence from BTC and most altcoins include Core (CORE) and Bittensor (TAO).
CORE 25.5%; TAO, on the other hand, was one of the top altcoins with a positive difference from the market, rising 11.4%, according to CoinMarketCap data.
As a result, CORE has gained over 25% in the past 24 hours, making it the highest-rising altcoin among the top 100 cryptocurrencies.
According to Coinmarketcap data, the largest declines in the last 24 hours are as follows: Bitcoin Cash (BCH) ranked third with a 12% decline, Axelar (AXL) ranked second with a 12.7% decline, and ranked first with a 13.6% loss. There is Dogwifhat (WIF).
The “Fear and Greed Index,” calculated by the popular analytics firm, attempts to gauge the emotional response of cryptocurrency investors based on market volatility trends, market volume acceleration, social media interest, Bitcoin dominance charts, and types of cryptocurrency research on the internet , today is 100, indicating extreme greed. After calculation, the full score is 79 points.
*This is not investment advice.
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