Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning?

Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning?


The crypto market just saw some slight recovery, but the performances are upside down. Opposite to the way sellouts usually play out, the Bitcoin dominance dropped dramatically as the asset is underperforming the Small Cap index.

From last November’s $3 trillion market cap, the crypto market is now down to around $800 billion:

Crypto total market cap down to $879.871 billion in the daily chart | Source: TradingView.com Smaller Altcoins Make A Strong Comeback

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Last week the crypto market saw its bottom, followed now by some slight recovery. As per Arcane Research’s latest weekly report, the smaller altcoins have also been seeing red numbers with the Small Cap index shedding 27%, but it has been the best performer overall.

In contrast, Bitcoin had dropped 35%.

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