Report on Top Losing Cryptos:
$COOKIE ,
$AIXBT ,
$ACT ,
#BIO ,
#TFUEL ,
#FTT The cryptocurrency market witnessed significant declines among several coins in the past 24 hours, with COOKIE leading the pack, showing a sharp drop of -17.73% and trading at $0.4130. AIXBT follows closely with a -17.56% drop, trading at $0.3935, indicating strong bearish sentiment in these assets. Similarly, ACT experienced a substantial decline of -16.20%, reaching $0.2292, reflecting heavy selling pressure. The sudden dips in these coins highlight market uncertainty, potentially driven by external macroeconomic factors or investor profit-taking behavior.
BIO, TFUEL, and FTT also registered notable losses, with BIO falling by -15.40% to $0.3807, TFUEL dropping -14.98% to $0.06681, and FTT losing -14.71%, settling at $2.3541. These movements may suggest a potential correction phase after earlier bullish runs or a reaction to critical news events. Traders are advised to closely monitor support levels for these assets and watch for a reversal or further breakdown. The technical landscape indicates the need for caution, as these coins may either consolidate at these lower levels or face continued selling pressure in the short term.
#Losers #update