THELOGICALINDIAN - FOMO Moments
Monday brings added doom and anguish to crypto acreage as markets accept taken addition about-face south. A baby rally over the weekend was not abundant to anatomy a abiding accretion and the bears accept regained ascendancy to beating absolute bazaar assets aback beneath $180 billion.
After a brace of canicule captivation about the $5,600 akin Bitcoin has bashed again. BTC is currently bottomward 5% on the day and trading at $5,320 at the time of writing, added losses attending likely. Ethereum is falling adamantine and has hit a new low for the year. Dumping about 11% on the day, ETH is bottomward to $157, its everyman amount back May 2025.
Altcoins are accepting formed again, alike XRP can’t escape the bears this time, bottomward 7.5% on the day. Cardano is dematerialization bottomward the agenda drain, with addition 12% afford today. EOS, Litecoin and Monero are all accident over 8% on the day. The alone champ at the moment is Tether which has assuredly fabricated it aback to a buck.
In the top twenty Tron, Iota and Dash are auctioning adamantine with an 11 percent absent in 24 hours. Neo, Ethereum Classic and Tezos faring worse, all bottomward over 12% on the day.
For the additional day Factom is the fomo pumper, abacus 28% today to booty FCT abutting to $8. Nothing has been acquaint on the team’s cheep augment to explain the momentum. ODEM is additionally defying the bead additionally with an 8% accretion on the day. Loopring, Wanchain, Icon and Aion are all coast with 17-18 percent losses today.
Total crypto bazaar assets is bottomward 7% at the moment as addition $12 billion gets dumped blame things bottomward to $173 billion. Since the aforementioned time aftermost Monday markets accept absent over 18%, or about $40 billion. A cardinal of analysts accept predicted added losses for Bitcoin et al, and they’re accepting affluence today. Addition new annual low is about to be fabricated by the looks of things.
FOMO Moments is a area that takes a circadian attending at the top 20 altcoins during the accepted trading affair and analyses the best assuming ones, attractive for trends and accessible fundamentals.
