menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Crypto New...
source image

Cryptoticker

1d

read

209

img
dot

Image Credit: Cryptoticker

Crypto News: Market Faces Profit-Taking Pressure as These Altcoins Tumble

  • The cryptocurrency market is seeing profit-taking pressure leading to significant selling across major digital assets, with top altcoins experiencing notable losses in the last 24 hours.
  • Despite the downturn in altcoins, Bitcoin remains stable above $105,000, providing support to the overall market amid the selloff.
  • Market sentiment remains in the 'greed' zone, indicating overall confidence despite the profit-taking behavior from traders during this period of volatility.
  • While most altcoins are in the red, Tron (TRX) stands out with a gain, emphasizing the importance of diversification in crypto portfolios, and analysts are monitoring key technical support levels amidst the ongoing market correction.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app