Major altcoins like Ethereum, BNB, and Solana have dropped significantly as well.This has become increasingly apparent over the past week, with the asset seeing a notable drop of over 10% in this period, pushing Bitcoin down to a monthly low in the $58,000 range.The downturn is not isolated to Bitcoin alone; the broader altcoin market has also experienced a substantial decline.
AGIX’s daily chart analysis, for instance, shows that the altcoin has shown a clear shift to a bearish trend after breaking its support structure. APE, on the other hand, might see its value drop to around $1, marking a potential 20% decrease or even setting new lows.
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