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While Bitcoin Falls, These Altcoins Decoupled Positively from the Market! Here are the Stars of the Day!

source-logo  en.bitcoinsistemi.com 11 December 2023 12:22, UTC

The leading cryptocurrency, Bitcoin, rose to $44,600 last week, the peak of recent months, but failed to hold on there and experienced a sudden decline in the morning.

At this point, BTC, which dropped to $ 40,400 in the evening, recovered to $ 42,380 at the time of writing.

While the decline in BTC was accompanied by most altcoins, some altcoins diverged positively from the market despite the recovery and upset those who expected a decline with the rises they experienced.

Altcoins that diverged positively from BTC and most altcoins included Injective (INJ), Bonk (BONK), Avalanche (AVAX) and Synthetix (SNX).

According to CoinMarketCap data, INJ 18.02%; BONK increased by 18.01%, AVAX increased by 13.46% and SNX increased by 12.03%, and were among the altcoins that gained the most and differentiated positively from the market.

According to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: The Sandbox (SAND) ranked 4th with a loss of 8.79%, Flare (FLR) ranked 3rd with a loss of 9.14%, and Decentraland ranked 2nd with a loss of 9.85%. (MANA) and FTX Token (FTT) ranked first with a loss of 10.69%.

The “fear and greed index” calculated by the popular analysis company, which tries to measure the emotional reflexes of cryptocurrency investors, based on the trends of market volatility, market volume acceleration, social media interest, Bitcoin dominance chart and types of research on cryptocurrencies on the internet, is today 74 points out of 100. It was calculated as .

*This is not investment advice.

en.bitcoinsistemi.com