Browsing: Altcoins

The crypto market is finishing a rough week. Bitcoin sits at $82,768 after a 2.2% weekly dip, Ethereum is down 7.1% to $2,493, and Solana, XRP and BNB are all nursing losses between 2% and 8%. Twelve of the top 17 coins by market cap closed the week in the red.

Solana surged more than double Bitcoin’s gains in a single session, sparking talk of a major capital shift into altcoins. But the real story behind the moves points to something far less bullish for altcoin investors.

Add preferred source The cryptocurrency market showed mixed performance across Tuesday’s sessions, with an evening recovery lifting major altcoins after daytime declines. Solana rose 1.52% to $98.35 and Avalanche gained 1.48% to $7.38 in late trading, while Bitcoin edged up 0.49% to $75,959.42 and Ethereum added 0.26% to $2,403.95. Cardano was the only decliner among…