The whole crypto market recovers a few lost ground because of the contagion risks linked with FTX's collapse start to witness resolvable. The total crypto market cap earned 2% in the past week, approaching $858 billion. Along with the positive trends and the increasing medium that was started on November 20, the complete sentiment stays bearish and year-to-date losses amount to 63.5%.
Despite several assets recovering from Monday's dip, markets are still relatively subdued because the traders are attempting to discover which parts of the cryptoverse are about to break. However, bears are considered a time to carefully select a diverse portfolio of crypto assets that are well-positioned for the coming bull market and strongly think about buying in at attractive price levels.
Following the king of crypto kingdom, Bitcoin, most of the altcoins also soared beyond the much anticipated levels. Coinpedia has listed some of the altcoins which are believed to ignite a firm upswing shortly. These list of altcoins that have great potentials to ignite an upswing include Chainlink(LINK), Fanotom(FTM), and Apecoin(APE).
What is your list of altcoins that you believe will upswing?