๐จ Bitcoin Falling: Selling Pressure Hits These 5 Altcoins! ๐ฅ
As #Bitcoin slipped back to $96,000, the altcoin market felt the heat with intensified selling pressure. BTCโs dominance has caused sharp declines, leaving altcoin investors cautious. Here's the list of the Top 5 Altcoins facing the brunt:
---
1๏ธโฃ Pudgy Penguins (PENGU)
๐ Drop: -16% in the last 24 hours.
๐ง The meme-token of the Pudgy Penguins NFT collection continues its downward trend after listing on popular exchanges. Next Level: Watch for recovery attempts above key resistance zones.
---
2๏ธโฃ Aptos (APT)
๐ Drop: -14% in 24 hours.
๐ฅ Following the resignation of its CEO, has plunged below $10, a critical psychological level. More selling may occur if it fails to reclaim this level.
---
3๏ธโฃ Dogwifhat (WIF)
๐ Drop: -11% in 24 hours.
๐ #WIF, a leading memecoin in the Solana ecosystem, fell below $2 amidst BTC's decline. This level remains crucial for its trend reversal.
---
4๏ธโฃ Curve DAO (CRV)
๐ Drop: -10% in 24 hours.
๐ Once a star candidate for the next bull run, #CRV has lost its $0.80 support level. Traders are eyeing this level for signs of recovery.
---
5๏ธโฃ Ethena (ENA)
๐ Drop: -9% in 24 hours.
๐ฅ Despite being a promising altcoin, $ENA has slipped to the $1 range. A bounceback may depend on Ethereumโs recovery.
---
๐ก Market Insight:
While the market is experiencing turbulence, these dips often provide opportunities for savvy traders and long-term investors. Always focus on risk management and keep an eye on Bitcoin's dominance for market direction.
Which altcoins are you watching during this dip? Comment below! ๐ฝ
#CryptoNews #BitcoinFall #CryptoInvesting #BTCNextMove #Write2Earn!