FET falls to $0.162 amid market rally
- —FET fell 3.50% to $0.162 while the market rose 2.3%
- —Trading volume at $115.9 million — 11.47% below the 30-day average
- —Price is below SMA-7 of $0.1724 and VWAP of $0.1677, support at $0.161
- —Monthly gain of 30.49%, but weekly decline of 11.94%
Why it matters: FET's weakness in a rising market signals capital outflow from mid-cap altcoins into large-cap assets ahead of the CLARITY Act vote.
Source: DiarioBitcoin