Santiment: After the U.S. election, altcoins strongly surged, with market focus on Bitcoin and Ethereum
According to Santiment on platform X, after the US election, various altcoins experienced significant price increases, directly correlating the rate of discussion with the price activities of top crypto assets. Currently, most investors are still focused on Bitcoin, watching to see if it can surpass the $80,000 mark by this weekend. Ethereum has seen a surge in market discussions recently, breaking through $2,900 on Thursday and slightly outperforming Bitcoin, which is a rare occurrence. While the community's focus has shifted to BTC and ETH, SOL, XRP, and DOGE remain under the radar but continue to perform well. Amid the ongoing dynamics of the crypto market, investors are keenly watching the further movements of these major assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chainlink spot ETF expected to launch this week, Grayscale plans to complete private trust conversion
CoinShares withdraws ETF applications for XRP, Solana, and Litecoin
Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado Cash
The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions.