altcoins go down (AVAX,SHIB and others)
The altcoins were surging hard yesterday, but the trend has now changed for most. Actually, SOL is the only larger-cap alt in the green now, having neared $160 after a 2% increase.
In contrast, DOGE has dumped by 5.3% to under $0.16, SHIB is down by 6% to $0.000024, and AVAX has retraced by 5.8% to $37.
The situation with the mid-cap alts is similar, with MATIC, HBAR, STX, PEPE, TAO, and ICP declining by somewhere between 5-9%. RNDR is the only exception. The asset has soared past $10 after another 5% daily surge.
The total crypto market cap has declined by about $60 billion in a day and is at just under $2.5 trillion.
