💰💰Santiment: Those Who Bought the Bottom in Altcoins Filled Their Pockets! But Bitcoin Still Holds the Reins 💰💰
According to on-chain analysis platform Santiment, although the altcoin market has recovered despite the decline in Bitcoin, investors should not forget that the market is still under Bitcoin's control.
According to the data shared by Santiment, there was a significant increase in the altcoin market on Tuesday. This increase occurred during a period when Bitcoin fell to $92,400 and then showed a slight recovery. Speculative investors who invested in altcoins had a profitable process thanks to these dip purchases.
Bitcoin still maintains its leading role
Data shows that altcoins have been following Bitcoin's leadership in the bull cycle for the last few weeks. However, this latest recovery shows that altcoins can show strong performance independently of Bitcoin.
Although Santiment analysts evaluate this rise as a positive opportunity for investors, they point out that the market is still dominated by Bitcoin. While Bitcoin's impact on the general market continues, how altcoins will gain momentum in this process is being watched carefully.
My dear friends, do not withhold your free support. I try to bring you such news instantly. My only request from you is that if there is anyone who still does not follow me, I would be happy if they did. Do not forget to like my articles and posts. Thank you.