Small and mid-cap crypto outpaces Bitcoin since late August, CryptoQuant analyst says

Share

Small- and mid-cap crypto assets have surged with a 41% momentum reading in their market cap ratio since late August, significantly outpacing Bitcoin’s 7% gain and large-cap assets’ 3.5% increase, according to CryptoQuant analyst Darkfost. This trend breaks with the typical pattern of crypto recoveries, where Bitcoin usually leads capital flows. Darkfost cautioned that smaller-cap assets are highly sensitive to shifts in market sentiment and remain vulnerable to rapid reversals. The analysis was picked up by outlets including Cointelegraph and KuCoin.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items