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These Altcoins Challenge Bitcoin: While BTC Falls, These Altcoins Rise! Here are the Stars of the Day!

source-logo  en.bitcoinsistemi.com 02 April 2024 09:27, UTC

The leading cryptocurrency Bitcoin experienced a sharp decline this morning and fell to $ 66,000.

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

Altcoins that diverged positively from BTC and most altcoins included Core (CORE) and Bittensor (TAO).

According to CoinMarketCap data, CORE 25.5%; TAO, on the other hand, was among the altcoins that gained the most and differentiated positively from the market, with an increase of 11.4%.

Accordingly, CORE has increased by over 25% in the last 24 hours, becoming the highest rising altcoin among the top 100 cryptocurrencies.

According to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: Bitcoin Cash (BCH) ranked 3rd with a loss of 12%, Axelar (AXL) ranked 2nd with a loss of 12.7%, and ranked 1st with a loss of 13.6%. There is Dogwifhat (WIF).

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 at 100, indicating extreme greed. It was calculated as 79 points out of .

*This is not investment advice.