🚨 Bitcoin Falling: Selling Pressure Hits These 5 Altcoins! 💥
As #Bitcoin slipped back to $96,000, the altcoin market felt the heat with intensified selling pressure. BTC’s dominance has caused sharp declines, leaving altcoin investors cautious. Here's the list of the Top 5 Altcoins facing the brunt:
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1️⃣ Pudgy Penguins (PENGU)
📉 Drop: -16% in the last 24 hours.
🐧 The meme-token of the Pudgy Penguins NFT collection continues its downward trend after listing on popular exchanges. Next Level: Watch for recovery attempts above key resistance zones.
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2️⃣ Aptos (APT)
📉 Drop: -14% in 24 hours.
💥 Following the resignation of its CEO, has plunged below $10, a critical psychological level. More selling may occur if it fails to reclaim this level.
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3️⃣ Dogwifhat (WIF)
📉 Drop: -11% in 24 hours.
🐕 #WIF, a leading memecoin in the Solana ecosystem, fell below $2 amidst BTC's decline. This level remains crucial for its trend reversal.
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4️⃣ Curve DAO (CRV)
📉 Drop: -10% in 24 hours.
🌟 Once a star candidate for the next bull run, #CRV has lost its $0.80 support level. Traders are eyeing this level for signs of recovery.
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5️⃣ Ethena (ENA)
📉 Drop: -9% in 24 hours.
🔥 Despite being a promising altcoin, $ENA has slipped to the $1 range. A bounceback may depend on Ethereum’s recovery.
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💡 Market Insight:
While the market is experiencing turbulence, these dips often provide opportunities for savvy traders and long-term investors. Always focus on risk management and keep an eye on Bitcoin's dominance for market direction.
Which altcoins are you watching during this dip? Comment below! 🔽
#CryptoNews #BitcoinFall #CryptoInvesting #BTCNextMove #Write2Earn!