The crypto market is bouncing back from another sudden move into the lows with Bitcoin, Ethereum, and other major cryptocurrencies recording heavy losses. In this dangerous environment for risk, there are a select few tokens still in profit with the potential to continue swimming against the tide in the coming weeks.
At the time of writing, Bitcoin is back in its range trading at $19,200 making a comeback after a quick revisit close to its yearly lows. Ethereum is following a similar trend but still maintains some losses in the last 24 hours with Cardano and Solana recording the worst performance.
On the higher timeframe, Cardano and Solana recorded a 14% and 12% loss over the past week, respectively. In particular, ADA has failed to fuel bullish momentum after the implementation of Hard Fork Combinator (HFC) “Vasil” which has led to a sustained negative price action below support previously established at around $0.40.
These Tokens Score Profits As Larger Crypto Trended Lower
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