Analysts from the cryptocurrency analysis company Santiment drew attention to some altcoins in their statement today.
Santiment analysts drew attention to the trend experienced by the #AltLayer (ALT) altcoin, which was recently launched on Binance with #Launchpool . In addition, analysts argued that #Lisk (LSK), #bittensor (TAO) and IOTA are altcoins that should be in the spotlight of cryptocurrency followers.
In addition, #santiment said that the Wall Street Bets (WSB) altcoin also came to the fore with its delisting from OKX and saw panic selling from investors.
MakerDAO, issuer of the DAI stablecoin, has seen a notable shift in the composition of its balance sheet as a result of the combination of macroeconomic events and surging crypto markets.
The latest data from the DAO’s Digital Asset-Liability Committee (ALCO) shows that crypto-backed loans — that is, DAI issued against crypto collateral like ether — once again represent more than 50% of total assets, for the first time since May 2022.
#Bitcoin (BTC) trades at $39,800 on January 25, 14 days after reaching a local top at $48,900 following the much-awaited Bitcoin spot ETF approval. Meanwhile, investors look forward to the block subsidy halving, which is expected in April 2024.
Notably, the overall sentiment in the cryptocurrency market is neutral, according to the Fear & Greed Index by CoinMarketCap.