Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: FMCPAY_GLOBAL on March 15, 2022, 04:12:25 AM



Title: Investors remain calm despite Bitcoin’s got 3 strikes
Post by: FMCPAY_GLOBAL on March 15, 2022, 04:12:25 AM
“After Bitcoin (BTC) faced its third consecutive rejection, investors became more confident in adding altcoin positions. For the leading cryptocurrency, the path to $50,000 appears more challenging than previously expected.” - (Via Cointelegraph (https://cointelegraph.com/news/bitcoin-s-got-3-strikes-but-investors-remain-calm-despite-price-drop)).

The altcoin rallied in the previous seven days, including THORChain (RUNE), privacy tokens ZCash (ZEC), Monero (XMR) and Terra (LUNA). Below are the top gainers and losers among the 80 largest cryptocurrencies by market capitalization.

https://i.imgur.com/oQ8ERKD.png
Weekly winners and losers among the top-80 coins. Source: Nomics

Also, there are some other altcoins like PAYN - which increases 3.67%, and FMC - which increases 0.90% within 24h. Thus, there might be a change for FMC and PAYN coins in the next period of escalation.

https://i.imgur.com/0oNWaIX.png
Source: FMCPAY Market (https://fmcpay.com/markets)

What do you guys think? Please leave your comments below.