đ **Bitcoin's Mild Dip Sparks Market Buzz!** đ
Hey crypto enthusiasts! đ On Aug. 27, Santiment reported that Bitcoin's recent "mild" price drop of -2.2% caused a significant -7.5% decline in total open interest on exchanges. đ Meanwhile, open interest for Ethereum and Solana barely budged.
This shift suggests traders might be rotating capital into altcoins like ETH and SOL, which have shown impressive recoveries since the early August market crash. Ethereum reclaimed 23% and Solana surged 45%! đ
Despite the buzz around altcoins, Bitcoin remains a strong contender. Keep an eye on BTC as it navigates these market dynamics! đ
