As Bitcoin fell, these altcoins rose!
These altcoins showed positive divergence from the market when Bitcoin fell below $63,000! Here are the stars of the day!
While most altcoins fell when Bitcoin fell, some altcoins still showed positive divergence from the market despite the decline.
1️⃣ Bitcoin rose to about $65,500 as it started to rise over the weekend, but then showed a downward trend.
When Bitcoin fell to $62,000 as it fell, it also affected the altcoin market. At this point, Bitcoin's decline is usually accompanied by altcoin declines.
2️⃣ While the largest altcoin Ethereum (ETH) has fallen below the key level of $3,100, it is in the $3,000 level at the time of writing, down as much as 2% in the past 24 hours.
However, despite the smaller gains of some altcoins, they showed positive divergence from the market, disappointing those who expected a decline but saw an increase.
According to CoinMarketCap data, Lido DAO (LDO) is 2.8%; TRON (TRX) is 2.5%; Ethena (ENA) is one of the alternative coins with a positive difference with the market and an increase of 2.4%.
Similarly, according to Coinmarketcap data, the biggest losers in the past 24 hours are as follows: Akash Network (AKT) ranks 3rd with a loss of 7.1%, Helium (HNT) ranks 2nd with a loss of 9.3%, and Dogwifhat (WIF) ranks 1st with a loss of 9%.
4️⃣The "Fear and Greed Index" calculated by a popular analysis company, which attempts to measure the emotional reflection of cryptocurrency investors based on market volatility trends, market volume acceleration, social media interest, Bitcoin dominance charts, and the type of research on cryptocurrencies on the Internet, is 100 today, indicating excessive greed. It is calculated based on 64 points.
The same is true in the currency circle. If you are confused and don't know what to do, you can click to follow, click my avatar to find me, all strategy fans have it. Just to increase fans