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Polkadot Faces Downward Momentum Against Bitcoin | Flash News Detail | Blockchain.News

Polkadot Faces Downward Momentum Against Bitcoin

6/22/2024 11:00:01 AM

Polkadot Faces Downward Momentum Against Bitcoin

According to CryptoMichNL, altcoins are currently struggling, and Polkadot (DOT) is no exception. The cryptocurrency has been experiencing significant downward momentum, with its price against Bitcoin (BTC) hitting new weekly lows. The tweet questions whether fundamentals still matter for Polkadot in this bearish scenario, noting that the price action for DOT is not looking favorable. (Source)

Bitcoin Polkadot DOT BTC

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast