Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

2025-05-11

Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Altcoins Flashing Bullish Signal After Last Week’s Bloodbath, According to Analytics Firm Santiment
Analysis

Altcoins Flashing Bullish Signal After Last Week’s Bloodbath, According to Analytics Firm Santiment

2023-08-20No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

New data from market intelligence firm Santiment suggests that altcoins may recoup some of their losses from the crypto market’s sharp downturn last week.

According to the crypto analytics platform, altcoins are “overwhelmingly showing undervaluation” after last week’s bloodbath, leaving investors divided on how quickly the markets can recover.

Using the market value to realized value (MVRV) metric, which gauges whether a crypto asset is overvalued or undervalued, Santiment finds that the majority of altcoins are currently trading in the underbought zone.

“Market caps have fallen considerably over the past week, and traders are very polarized. Many believe a quick recovery is coming, while others see this as just the beginning of the dump. But undeniably, average crypto returns are in a mathematically historic opportunity zone.”

Source: Santiment/X

Santiment goes on to say that last week’s crash was one of the “sharpest drops” witnessed this year but notes that Bitcoin (BTC) whales have remained extremely active during the downturn.

“The dust has far from settled after crypto markets had one of its sharpest price drops of 2023. We are seeing a large amount of $1 million+ BTC transactions, indicating whales are very active on this dump. But the amount of large wallets is not falling.”

Source: Santiment/X

Bitcoin is trading for $26,130 at time of writing, a fractional increase during the last 24 hours but a 13% decrease from its seven-day high of $29,652.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia



Source link

See also  Three Huge Catalysts Could Push Crypto into Bullish Territory: Hedge Fund Pantera Capital
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Invariably X- and ZKEVM NFT – Sales rise 55% in Q4 2024, but the market participation is decreasing

2025-03-23

NFT sales drop to $89 million, Solana overtakes Bitcoin for second place

2024-10-27

Bitcoin or stablecoins: where do investors place their bets?

2024-12-07
Editors Picks

XRP Price Rises Back: Is This the Start of a Bigger Move?

2024-12-11

Bitcoin’s bull trap? Important levels to watch

2024-12-06

Analyst predicts ‘mind-boggling’ parabolic leg for Solana, names one altcoin that could outperform other coins

2024-01-04

SEC postpones decision on Hashdex and Ark 21Shares Ethereum ETF until May 30

2024-03-21
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bullish Continuation for XRP price shows possible recovery up to $ 4

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,981.150.13%
  • ethereumEthereum(ETH)$2,497.243.58%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-1.24%
  • binancecoinBNB(BNB)$657.66-0.51%
  • solanaSolana(SOL)$173.670.69%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • dogecoinDogecoin(DOGE)$0.2321713.01%
  • cardanoCardano(ADA)$0.80-0.71%
  • tronTRON(TRX)$0.261873-0.49%
  • suiSui(SUI)$3.98-0.08%
  • chainlinkChainlink(LINK)$16.560.89%
  • avalanche-2Avalanche(AVAX)$24.741.90%
  • stellarStellar(XLM)$0.3049010.11%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.58%
  • hedera-hashgraphHedera(HBAR)$0.206679-1.41%
  • the-open-networkToncoin(TON)$3.36-1.37%
  • bitcoin-cashBitcoin Cash(BCH)$412.21-2.21%
  • hyperliquidHyperliquid(HYPE)$24.02-5.00%
  • polkadotPolkadot(DOT)$5.05-0.62%
  • litecoinLitecoin(LTC)$101.16-2.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • piPi(PI)$0.9325.05%
  • moneroMonero(XMR)$322.982.43%
  • bitget-tokenBitget Token(BGB)$4.810.33%
  • pepePepe(PEPE)$0.000013-3.38%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$7.127.48%
  • bittensorBittensor(TAO)$450.02-0.46%
  • nearNEAR Protocol(NEAR)$3.217.48%
  • aptosAptos(APT)$5.891.37%
  • okbOKB(OKB)$55.650.53%
  • aaveAave(AAVE)$219.77-0.19%
  • ondo-financeOndo(ONDO)$1.03-0.44%
  • ethereum-classicEthereum Classic(ETC)$19.800.97%
  • internet-computerInternet Computer(ICP)$5.601.44%
  • kaspaKaspa(KAS)$0.1071700.87%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.70-5.11%
  • gatechain-tokenGateToken(GT)$22.12-0.71%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.260835-0.40%
  • render-tokenRender(RENDER)$5.170.24%
  • vechainVeChain(VET)$0.030865-0.63%
  • crypto-com-chainCronos(CRO)$0.099282-3.23%
  • mantleMantle(MNT)$0.78-0.09%
  • ethenaEthena(ENA)$0.3945753.62%
  • arbitrumArbitrum(ARB)$0.46440818.09%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • filecoinFilecoin(FIL)$3.152.25%
  • algorandAlgorand(ALGO)$0.2423691.50%
  • bitcoinBitcoin(BTC)$103,981.150.13%
  • ethereumEthereum(ETH)$2,497.243.58%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-1.24%
  • binancecoinBNB(BNB)$657.66-0.51%
  • solanaSolana(SOL)$173.670.69%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • dogecoinDogecoin(DOGE)$0.2321713.01%
  • cardanoCardano(ADA)$0.80-0.71%
  • tronTRON(TRX)$0.261873-0.49%
  • suiSui(SUI)$3.98-0.08%
  • chainlinkChainlink(LINK)$16.560.89%
  • avalanche-2Avalanche(AVAX)$24.741.90%
  • stellarStellar(XLM)$0.3049010.11%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.58%
  • hedera-hashgraphHedera(HBAR)$0.206679-1.41%
  • the-open-networkToncoin(TON)$3.36-1.37%
  • bitcoin-cashBitcoin Cash(BCH)$412.21-2.21%
  • hyperliquidHyperliquid(HYPE)$24.02-5.00%
  • polkadotPolkadot(DOT)$5.05-0.62%
  • litecoinLitecoin(LTC)$101.16-2.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • piPi(PI)$0.9325.05%
  • moneroMonero(XMR)$322.982.43%
  • bitget-tokenBitget Token(BGB)$4.810.33%
  • pepePepe(PEPE)$0.000013-3.38%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$7.127.48%
  • bittensorBittensor(TAO)$450.02-0.46%
  • nearNEAR Protocol(NEAR)$3.217.48%
  • aptosAptos(APT)$5.891.37%
  • okbOKB(OKB)$55.650.53%
  • aaveAave(AAVE)$219.77-0.19%
  • ondo-financeOndo(ONDO)$1.03-0.44%
  • ethereum-classicEthereum Classic(ETC)$19.800.97%
  • internet-computerInternet Computer(ICP)$5.601.44%
  • kaspaKaspa(KAS)$0.1071700.87%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.70-5.11%
  • gatechain-tokenGateToken(GT)$22.12-0.71%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.260835-0.40%
  • render-tokenRender(RENDER)$5.170.24%
  • vechainVeChain(VET)$0.030865-0.63%
  • crypto-com-chainCronos(CRO)$0.099282-3.23%
  • mantleMantle(MNT)$0.78-0.09%
  • ethenaEthena(ENA)$0.3945753.62%
  • arbitrumArbitrum(ARB)$0.46440818.09%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • filecoinFilecoin(FIL)$3.152.25%
  • algorandAlgorand(ALGO)$0.2423691.50%