The altcoin pullback is looking broader this morning.
BTC is down about 2.5%, but ETH, BNB and SOL are also down roughly 2–3%. ZEC has taken a bigger hit, down more than 6% after being one of yesterday's strongest major coins.
That's the part I find interesting.
Yesterday's rotation into names like ZEC and BCH didn't last cleanly. Bitcoin weakness is now spilling into the larger alts too.
So I'm not reading this as an altseason story yet.
The market needs to show that alts can hold their gains even when BTC cools off. Right now, they're not proving that.
#CryptoNewss #altcoins
BTC is down about 2.5%, but ETH, BNB and SOL are also down roughly 2–3%. ZEC has taken a bigger hit, down more than 6% after being one of yesterday's strongest major coins.
That's the part I find interesting.
Yesterday's rotation into names like ZEC and BCH didn't last cleanly. Bitcoin weakness is now spilling into the larger alts too.
So I'm not reading this as an altseason story yet.
The market needs to show that alts can hold their gains even when BTC cools off. Right now, they're not proving that.
#CryptoNewss #altcoins