📉 Bitcoin Drop: Impact on Altcoins
Bitcoin suffered a significant drop today, trading at around US$ 96,678, a devaluation of almost 5% in 24 hours. But what does this mean for altcoins?
💡 Expected effects:
Capital flight: Investors may withdraw funds from riskier altcoins.
Increased volatility: Coins such as Ethereum, Cardano and Solana may suffer sharper drops.
Smaller projects at risk: Cryptos with low capitalization tend to feel the impact even more.
Altcoins generally follow the trend of Bitcoin, considered the “thermometer” of the market. With $BTC falling, it is a time for caution for those who operate in digital assets.
