Cryptocurrency markets experienced turbulence as Bitcoin liquidations soared to $975 million, marking one of the most significant single-day losses in recent months. The sell-off caused Bitcoin to drop briefly below key support levels, sending ripples across the broader crypto landscape. Amid this chaos, three altcoins, including Mantra’s token, managed to stage a rally, defying the bearish sentiment.
Mantra CEO’s recent remarks on former President Donald Trump’s potential impact on the Real World Assets (RWA) sector have added intrigue to the evolving narrative. The RWA market, often overshadowed by mainstream crypto assets, could see heightened investor interest as regulatory scrutiny intensifies. Analysts suggest that the diverging performance of altcoins and Bitcoin underscores shifting market dynamics, with investors exploring opportunities beyond traditional crypto assets.
