
Post
🔥 Alts have massively outperformed over the last 2 weeks.
$BTC is down 11% - the weakest
$ETH is down 8% - Not as weak as BTC
However, OTHERS is up 6%.
This is a huge divergence from how OTHERS behaved within the last drop in Feb, and totally against the usual manner of things.
OTHERS is the riskiest asset index and as such, should lose the most value the fastest.
Another interesting point here is that Bitcoin has been weaker than ETH on every recent major market drop.
What this tells us is that this whole correction is a mainly a Bitcoin only move, and some of the market is being pulled down with it.
But the riskiest asset class, is not.
The move is well overdone and not indicative of the entire market.#AnthropicFilesForIPO #HYPEStakingETFLaunch #USIranOilRisk
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$64,995.1-1.64%
ETH/USDTEthereum
$1,780.8-3.07%
SOL/USDTSolana
$71.14-2.96%