The cryptocurrency market has decreased by 3.6% over the day, with the overall market capitalization dropping to $3.41 trillion. The main reason is Bitcoin adjusting by 7%, falling below $93,000 on Tuesday morning in Asia.
However, altcoins remain strong. Santiment has highlighted three prominent cryptocurrency assets recently: The Sandbox (SAND), Stellar Lumens (XLM), and Ethereum (ETH).
- SAND surged due to investment in the metaverse, peaking at $0.80 before dropping to $0.66.
- XLM increased by 330%, reaching $0.588, thanks to interest from South Korean investors.
- ETH rose by over 9%, maintaining at $3,430, with expectations of outperforming other major coins.
🌟 Altseason may be approaching as Bitcoin decreases its dominance.