And I am seeing something curious in the market today. Bitcoin and Ethereum are dropping but altcoins are skyrocketing, it's like everyone is looking for where to put their money. Bitcoin is around 77.5k with a decline of just 0.15% but the volume remains strong, around 530 billion. Ethereum is similar, dropped to 2.31k but it's not a catastrophe either. So why is BTC dropping if the volume holds? I think it's simply that the money is moving elsewhere.



Look, in the last few hours I see that Solana dropped more sharply, almost 0.23%, BNB is stable there. But meanwhile, smaller tokens like BLESS are up almost 80%, INFINIT rises 69%. It's as if traders are pulling out of the big ones to invest in riskier bets. Bitcoin still has a market cap of 1.55 trillion, so the giant isn't going to fall because of this, but there is definitely a shift in where the interest lies.

The feeling I have is that the market is in exploration mode. Those holding BTC are still there but not with much conviction. Ethereum's volumes are around 280 billion, nothing extraordinary. Meanwhile, speculative money is flying into altcoins. It's pure divergence, the big ones are declining gently but the small ones are soaring. Typical when there's uncertainty but nobody wants to completely exit.
BTC0.38%
ETH-0.36%
SOL0.34%
BNB0.48%
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