Leading cryptocurrency Bitcoin It has been in a downward trend for the last week. As the decline deepened further, a new decline wave occurred in the morning hours and BTC fell to $ 58,000.
BTC The largest altcoin fell by 13.4% in the last week Ethereum (ETH) It decreased by 11.2%.
While the decline in BTC and ETH reached double digits, some altcoinBitcoins stood strong against the decline in BTC and achieved significant increases in the last week.
According to CoinMarketCap data, the altcoins that have risen in the last week are listed as follows:Helium (HNT), Tron (TRX), UNUS SED LEO (LEO) and Wormhole (W)
On the other hand, the 10 altcoins that fell the most along with BTC are listed as follows: Hedera (HBAR), Pendle(PENDLE), Stacks (STX), Dogwifhat (WIF), Core (CORE), Bittensor (TAO), Algorand (ALGO), Pyth Network (PYTH), Jupiter (JUP), Ronin (RON)
While these declines unsettled investors, successful analyst Michael van de Poppe noted that these declines have historically FOMC He said there was a decline before. According to Poppe BTC It generally declines before FOMC meetings and recovers afterwards.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!