Bitcoin Leads Market Downward as Altcoin Token Unlocks Hit AVAX, DYDX, and PYTH

The altcoin market is undergoing significant turmoil as major investors and project founders start liquidating their holdings. A Bloomberg report attributes the downturn to various factors, including token unlocks by venture capitalists and correlation with leading network tokens. A noteworthy detail is that out of 138 tokens tracked by TokenUnlocks, 120 are set to unlock

Source: CoinOtag