Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
Apperently, everyone is down, we are all waiting for bitcoin to stabilize so that Altcoins can do some magic as it used to, take a look at Fantom FTM that drop drastically despite everyone calling it a rare gem, the sold off by many investors was massive and we have all come back to accumulation stage.
You should also remember that Altcoins always tend to outperform bitcoin in term of gains and when it tend to fall, they do the opposite die to the volatility of their nature, they will all bounce back by the way.