Over the past 24 hours, Bubblemaps ($BMT ) has decreased by 1.96%, which is related to the overall decline in the cryptocurrency market, a decrease in interest in altcoins, and a waning excitement around the Binance Square campaign. Technical analysis shows bearish signals, and trading volume has decreased, which increases pressure on the price. $BMT
The total market capitalization of cryptocurrency has decreased by 2.19% (from $3.8 trillion to $3.72 trillion), with altcoins experiencing the most pressure. The drop of BMT over 24 hours (-1.96%) slightly exceeded the market average, which is associated with the high volatility of the coin in the analytics and InfoFi niche.
What this means:
- Altcoins typically react more strongly to market fluctuations due to lower liquidity. The BMT turnover ratio (trading volume ÷ market capitalization) is 0.494, indicating moderate liquidity but insufficient to protect against large-scale sell-offs.