Skip to main content
727 Finance
English

Analyst: Small- and mid-cap crypto assets are rarely leading BTC, but the risk of a trend reversal is relatively high.

PANews October 18 news: Crypto analyst Darkfost posted that since late August, small- and mid-cap crypto assets have seen the strongest market capitalization growth, with the gap between their monthly average market cap and annual average market cap continuing to widen, and the related ratio has now reached 41%. By comparison, Bitcoin's ratio is 7%, and large-cap crypto assets are only 3.5%.

Darkfost noted that this trend is relatively rare, because Bitcoin usually leads the market first, as was the case after the bear market ended in 2023. However, small- and mid-cap assets are more sensitive to market changes, and the current trend may also reverse quickly.

Related news

  1. Apple Earnings Preview: After Memory Price Increases, How Much Profit Can Apple Still Keep?

    Apple is highly likely to deliver earnings for this quarter that are close to or slightly above expectations, but its guidance for the next quarter may not sati...

  2. The crypto market has recovered slightly, the CeFi sector has risen modestly, and the AI sector has continued to pull back.

  3. Analysis: Previous Bitcoin cycle bottoms all occurred shortly after U.S. midterm elections; late this year to early next year may be the bottom window.

  4. Taking stock of the 5 major crypto tokens that truly make money in a bear market.

    Income is important, but who ultimately pockets that income matters even more.

  5. Galaxy Research Director: Bitcoin closes above its 50-week moving average for the 7th consecutive week.