Bitcoin News

Altcoin Liquidity Crunch: 83% Of Crypto Tokens Slip Into Bear Trend

2 hours ago

Altcoin breadth on Binance has deteriorated sharpl

Altcoin breadth on Binance has deteriorated sharply, with a large majority of tokens now trading below a widely watched long-term trend level, an exhaustion signal that CryptoQuant contributor Darkfost frames as a liquidity problem as much as a price problem.

Altcoins performance (Binance) | Source: X @Darkfost_Coc

Altcoin market cap falls below the 200-week EMA, 1-week chart | Source: TOTAL2 on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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