Market Trends
Polkadot (DOT) and XRP have shown relative strength, outperforming Ethereum despite overall risk aversion impacting DeFi tokens and altcoins. Total market capitalization and sentiment indicators continue to signal caution, consistent with Ethereum's year-over-year drop of about 20% from $3,907.
Key Performers
- Outperformers: Polkadot and XRP Ledger tokens hold ground better than Ethereum.
- Underperformers: DeFi sector and major altcoins weaken alongside falling market cap.
This setup points to persistent trader caution in the crypto space.