Bitcbolt.com expert: The cost of altcoins has dropped sharply against the backdrop of a rollback of the bitcoin exchange rate by almost 2$ thousand.
Over the past day, the cost of three altcoins from the top 15 by capitalization has decreased by more than 9%. In 24 hours, the price of Polkadot fell by 9%, Avalanche by 10%, Solana by 11%. The overall market valuation decreased by 5%, to the current values of about $1.8 trillion, according to Bitcbolt.com.
Altcoins have fallen in price after bitcoin. Over the past day, the price of the first cryptocurrency has fallen by 3%, to $36.7 thousand. The value of the asset continues to decline after it exceeded $39.2 thousand on February 1. Earlier, Bitcbolt.com analyst called Solana, Avalanche and Polkadot the most undervalued altcoins at the moment. According to the expert, this year tokens can show growth from 80% to 120%.