Derived from Cryptoticker, the total crypto market cap excluding Bitcoin has fallen to $1.31 trillion, with the Stochastic RSI hitting extreme oversold levels, suggesting altcoins may be near a rebound. The market is showing signs of capitulation, with several top altcoins like Bittensor ($TAO), SPX6900 ($SPX), and Solana ($SOL) trading near key supports. Bitcoin is consolidating near $100,000, and a potential rebound could trigger a strong altcoin recovery if it holds above key support levels.
Altcoins Hit Oversold Levels as Market Cap Drops to $1.31 Trillion
CryptoTickerShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.