In December, the demand for altcoins reached a positive value, which coincided with the local peak of their popularity. However, since then, the situation has changed dramatically, the total stock trade has decreased, and an imbalance of $ 36 billion indicates an almost complete absence of investors in this crypto risk segment, Cryptoquant experts say.
Analyst of Cryptoquant Burak Kesmecei noted: “If this indicator does not begin to grow again, the expectation of the full -scale season of altcoins or Fomo altcoins may be just an empty dream.”
Bitcoin retains its position at $ 105,000 despite instability in the world, say Cryptoquant experts. Together with a decrease in the interest of crypto -investors in altcoin, the demand for BTC can signal the change of priorities – investors prefer to invest in the first cryptocurrency, considering it more reliable.
Cryptoquant believes that stagnation of prices and a decrease in interest in altcoin investments presents potential risks for the crypto industry, as it may difficult to attract capital for new projects, and investors will probably continue to give preference to bitcoins.
Earlier, the expert of the analytical company Cryptoquant Carmelo Aleman said that the bitcoin market demonstrates clear bull signals in its current cycle, and the reason is macroeconomic uncertainty.
Source: Bits
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