Bitcoin demonstrated resilience during the October 10 crypto market sell-off, outperforming altcoins which plummeted by 33% in just 25 minutes. The overall market experienced a significant downturn, losing $560 billion in value since October 6, with $18.7 billion in liquidations.
Wiston Capital Founder Charlie Erith highlighted that Bitcoin's market dominance increased as non-bitcoin tokens suffered more severe losses. Erith is closely monitoring key indicators such as the 365-day exponential moving average (EMA), volatility, and market breadth to evaluate the market's next phase.
Bitcoin Outperforms Altcoins During October Crypto Market Sell-Off
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