Mmastodon BusinessCrypto first seen 23 h ago, last 21 h ago, peak #1
Altcoins post sharpest drop since April amid crypto selloff
Original: 📉 Las # altcoins firman su caída más aguda desde abril: 14% de pérdida media en las 141 # cripto que rastrea 10X Researc
Altcoins have recorded their steepest decline since April, with the 141 cryptocurrencies tracked by 10X Research losing an average of 14% in value. Bitcoin has held up far better, falling only about 3%. Analysts attribute the pressure to external factors rather than crypto-specific problems: stronger-than-expected US economic data and a falling South Korean Kospi index. Traders are watching whether Bitcoin's relative stability holds if the broader market weakness continues.
Why now: The sharp altcoin selloff, driven by US macro data and South Korean market weakness, is raising concerns among crypto investors.
10X ResearchBitcoinKospialtcoins
Rank over time, top of the chart is #1. 3 snapshots from 23 h ago to 21 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2914818