Bitcoin Experienced a Decline over the Weekend – Could this be a Minor Setback Preceding a Potential Surge?

Santiment noted a minor downturn for Bitcoin and several altcoins over the weekend. BTC, currently at $41,173.53, saw a 1.55% decline in a day, retracing to the 0.382 Fib level during a corrective phase. Despite the market dip, Santiment highlighted ICP, INJ, STX, and BONK experiencing a surge. Social volumes for BTC and ETH, leaders in crypto and altcoins respectively, decreased. Santiment’s chart also indicated a decline in social volume for BNB, SOL, XRP, and USDC.

📉 #Crypto has seen a mild slide in its final non-holiday weekend of 2023. #Bitcoin has dropped back to $41.6K, while #Ethereum is faring a bit better as it hangs just above $2,200. #InternetComputer has been the outlier, more than doubling its market cap in a week.(Cont) 👇 pic.twitter.com/c0lhlrrwgA— Santiment (@santimentfe…

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