38% of altcoins near all-time lows, worse than FTX crash: Analyst

An analyst reports that 38% of altcoins are currently trading near their all-time lows, a situation deemed worse than the aftermath of the FTX crash. This decline reflects significant market distress, with many cryptocurrencies struggling to regain value. The analyst highlights that the current market conditions are particularly challenging for altcoin investors. The overall sentiment in the crypto market remains pessimistic, raising concerns about potential further declines.

Read the full article: Coin Telegraph

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