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Altcoin News: Why Most Tokens Have Underperformed for Eight Straight Months

3 weeks ago 4180
 Why So Many Are Near All-Time Lows?

The post Altcoin News: Why Most Tokens Have Underperformed for Eight Straight Months appeared first on Coinpedia Fintech News

The altcoin market continues to struggle, and the latest data show the recovery is still far from convincing. According to CryptoQuant, nearly 84% of altcoins listed on Binance are now trading below their 200-day moving average, showcasing one of the longest periods of weakness the market has seen in years. While sentiment remains bearish, some …

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