Bitcoin Remains Above $104,000 as Altcoin Market Shows Continued Weakness
The post Bitcoin Remains Above $104,000 as Altcoin Market Shows Continued Weakness appeared on BitcoinEthereumNews.com. Bitcoin continues its robust rally, maintaining a strong foothold above the $104,000 threshold, while altcoins remain entrenched in a persistent downturn. The 1-Year Cumulative Buy/Sell Quote Volume Difference for altcoins (excluding BTC and ETH) reveals a stark investor disengagement, underscoring the ongoing altcoin market malaise. According to COINOTAG, the current -36 billion USD figure in this metric signals overwhelming net selling pressure, reflecting a widespread lack of demand for altcoins despite Bitcoin’s bullish momentum. Bitcoin surges past $104K as altcoins face heavy selling pressure; investor apathy deepens, dimming prospects for an altseason revival. ‘, ‘
The post Bitcoin Remains Above $104,000 as Altcoin Market Shows Continued Weakness appeared on BitcoinEthereumNews.com.
Bitcoin continues its robust rally, maintaining a strong foothold above the $104,000 threshold, while altcoins remain entrenched in a persistent downturn. The 1-Year Cumulative Buy/Sell Quote Volume Difference for altcoins (excluding BTC and ETH) reveals a stark investor disengagement, underscoring the ongoing altcoin market malaise. According to COINOTAG, the current -36 billion USD figure in this metric signals overwhelming net selling pressure, reflecting a widespread lack of demand for altcoins despite Bitcoin’s bullish momentum. Bitcoin surges past $104K as altcoins face heavy selling pressure; investor apathy deepens, dimming prospects for an altseason revival. ‘, ‘
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