Global #Altcoins

Lookonchain, a cryptocurrency analysis platform, has observed increased whale activity in certain altcoins recently.

The price of bitcoin suddenly collapsed, falling 3.5% in a single day. However, most popular altcoins had even worse luck.

Following many days of precipitous declines, the price of bitcoin had a roughly two-fold boost following the Federal Reserve's decision not to raise interest rates, but it promptly declined again.

The majority of Polygon's [MATIC] profits from 2023 and early 2024 have been lost. Will the losses be recouped?

Unusual transaction volumes were noticed in multiple altcoins on Upbit, the biggest cryptocurrency exchange in South Korea, following the conclusion of the Bitcoin halving. Cardano (ADA), Loom Network (LOOM), 1inch (1INCH), Ankr (ANKR), and NEM (XEM) are among the cryptocurrencies in question.

With the crypto market downturn continuing and digital assets continuing to dump, the bull market exuberance seems to have abruptly stopped. The well-known market expert "Cold Blooded Shiller" said on X on April 16 to his 269,000 followers that Bitcoin is "still the cloud that hangs over crypto."