XRP, Solana, ATH, FIL and RNDR in a bear market

For example, XRP fell to $2.18 after a brief recovery to $2.34 on Saturday. Similarly, Solana dropped to $178 from $196 just a day before. Other altcoins such as Aethir (ATH), Filecoin (FIL), and Render (RNDR) also experienced similar declines.

This downturn has reignited concerns in the market, and traders are increasingly worried that recovery is unattainable. Sentiment indicators on social media, presented by the analytics firm Santiment, reflect an overwhelming number of negative comments surrounding Bitcoin.

The company emphasized that the recent drop in Bitcoin has pushed crowd sentiment to the most pessimistic point of the year. The heightened level of FUD may be a contrary signal for experienced investors. Historically, such negativity has often been accompanied by price spikes.$DEXE $UTK $BTC #2024Crypto #2024withBinance