FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session.
Fantom (FTM) was down by double digits on Saturday, as bearish pressure continued to send prices deep into multi-month lows.
Saturday saw FTM/USD fall for a third consecutive session, as prices hit an intraday low of $0.786 earlier today.
Today’s low is the lowest point prices have reached since last September, and comes following a bearish start to the year.
Overall, FTM has traded lower for five of the six last months, ever since recording an all-time high of $3.47 in October.