Altcoins

Cryptocurrency Market Collapse: Bitcoin and Altcoins Hit Monthly Lows Amid Widespread Sell-Offs

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Ethereum it is holding up better than many altcoins and is just starting to test the $3300 pivot area. That said, Solana and Litecoin are at their lowest since late February, and Cardano is back in November’s extended consolidation area. Surprisingly, cryptocurrency fear and greed indices rate the situation as “neutral.” This suggests that the bottom has yet to be reached.

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According to Google Trends, interest in bitcoin from retail investors has been steadily declining since March. Santiment has seen “extremely negative” investor sentiment towards BTC over the past four weeks, but this could signal a turnaround for experienced traders who prefer to go against the grain.

BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy and 21Shares have submitted updated spot filings on the Ethereum-ETF to the SEC. Issuers also disclosed initial investments in the Ethereum-ETF.

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