Currencies32904
Market Cap$ 2.59T-7.88%
24h Spot Volume$ 50.63B+109%
DominanceBTC59.29%+0.94%ETH7.25%-6.31%
ETH Gas7.91 Gwei
Cryptorank
MainNewsThese Altcoi...

These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment


Dec, 19, 2024
1 min read
by Jordan Lyanchev
for CryptoPotato
These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment

Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner.

The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end of 2024 and warned that the US is “not allowed to own bitcoin,” despite Donald Trump’s promise to explore how the country could put BTC on its balance sheet.

Riskier assets like cryptocurrencies reacted with immediate and violent price declines. Bitcoin, for one, dumped from over $105,000 to under $99,000 for the first time since December 11. The losses extend to nearly ten grand when compared to the Tuesday afternoon peak of over $108,000.

The altcoins, though, were impacted even more severely. Many plummeted by double digits from their respective tops to bottoms, including XRP, DOGE, AVAX, PEPE, LTC, and LINK.

Interestingly, Santiment weighed in on the correction and outlined the last four as the potential beneficiaries if the Fed-induced crash was a market overreaction.

“If this was indeed an overreaction, there is a reasonable chance that the projects with the biggest drops will be the ones worth taking the biggest dip buy chances on,” – reads the tweet.

The post These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Markets face volatile week ahead as Bitcoin, Ether, XRP, S&P 500, and the Dow Jones crash abruptly

Markets face volatile week ahead as Bitcoin, Ether, XRP, S&P 500, and the Dow Jones crash abruptly

The markets are getting smashed across the board this week after Bitcoin, Ether, XRP,...
Apr, 06, 2025
3 min read
by CryptoPolitan
Arthur Hayes Predicts a Shift in Global Financial Assets!

Arthur Hayes Predicts a Shift in Global Financial Assets!

Arthur Hayes forecasts a shift from traditional assets to Bitcoin and gold. Global re...
Apr, 06, 2025
by COINTURK NEWS
MainNewsThese Altcoi...

These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment


Dec, 19, 2024
1 min read
by Jordan Lyanchev
for CryptoPotato
These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment

Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner.

The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end of 2024 and warned that the US is “not allowed to own bitcoin,” despite Donald Trump’s promise to explore how the country could put BTC on its balance sheet.

Riskier assets like cryptocurrencies reacted with immediate and violent price declines. Bitcoin, for one, dumped from over $105,000 to under $99,000 for the first time since December 11. The losses extend to nearly ten grand when compared to the Tuesday afternoon peak of over $108,000.

The altcoins, though, were impacted even more severely. Many plummeted by double digits from their respective tops to bottoms, including XRP, DOGE, AVAX, PEPE, LTC, and LINK.

Interestingly, Santiment weighed in on the correction and outlined the last four as the potential beneficiaries if the Fed-induced crash was a market overreaction.

“If this was indeed an overreaction, there is a reasonable chance that the projects with the biggest drops will be the ones worth taking the biggest dip buy chances on,” – reads the tweet.

The post These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Markets face volatile week ahead as Bitcoin, Ether, XRP, S&P 500, and the Dow Jones crash abruptly

Markets face volatile week ahead as Bitcoin, Ether, XRP, S&P 500, and the Dow Jones crash abruptly

The markets are getting smashed across the board this week after Bitcoin, Ether, XRP,...
Apr, 06, 2025
3 min read
by CryptoPolitan
Arthur Hayes Predicts a Shift in Global Financial Assets!

Arthur Hayes Predicts a Shift in Global Financial Assets!

Arthur Hayes forecasts a shift from traditional assets to Bitcoin and gold. Global re...
Apr, 06, 2025
by COINTURK NEWS