Opinion: Bitcoin is now the “hardest currency” and could completely destroy all asset classes

The meme coin scene never stops surprising the market. Just when investors think the craze has peaked, another wave of tokens enters the stage with bold communities, stronger adoption, and narratives that catch fire. Among them, Shiba Inu continues to be one of the most influential meme coins, with analysts predicting a potential 50% upside […]

Crypto traders are weighing which major asset might lead the next upward move as risk appetite cools, according to Santiment. Crypto market sentiment has slipped into Fear, with signs showing that investors are temporarily stepping back from moving further down the risk curve, according to sentiment sources.“It’s clear traders are less interested in obscure altcoins and are instead debating which major asset will break out next,” sentiment platform Santiment said in a report on Saturday. Santiment said that the crypto market is increasingly focused on larger-cap crypto assets such as Bitcoin (BTC), Ether (ETH), and XRP (XRP). “A heavy focus on large-caps can indicate a more cautious or ‘risk-off’ sentiment among traders,” Santiment said.Read more

While the entire crypto market oscillates between consolidation and correction, Dogecoin stands out with a unique behavior. Its open interest, a barometer of open positions on futures contracts, remains stable at a historically high level, nearing 16 billion DOGE, or approximately 3.36 billion dollars. This threshold is remarkable in a climate where speculative activity is significantly declining across the majority of altcoins. L’article Massive DOGE Interest Stays Put Amid Trading Slowdown est apparu en premier sur Cointribune.