Altcoins
Crypto Market Plunge: Bitcoin, Altcoins Hit Monthly Lows Amid Widespread Sell-off
Ethereum is holding up better than many altcoins and is just beginning to test the $3,300 pivot zone. That said, Solana and Litecoin are at their lowest since late February and Cardano has returned to the extended consolidation zone from November. Surprisingly, the Cryptocurrency Fear and Greed Index rates the situation as “neutral.” This suggests that the bottom has not yet been reached.
Crypto News
According to Google Trends, retail investor interest in bitcoin has been steadily declining since March. Santiment records “extremely negative” investor sentiment towards BTC over the past four weeks, but this could signal a reversal for experienced traders who prefer to go against the tide.
BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy and 21Shares have filed updated Spot Ethereum-ETF filings with the SEC. The issuers also disclosed initial investments in the Ethereum-ETF.