Markets· ★★★· neutral·

Bitcoin climbs to $84,800 as altcoin rally shows 'first warning signs'

  • —Bitcoin up 1% to $84,800; Ethereum up 1% to $2,700
  • —QNT surged 67% in 24 hours to $175, more than doubling on the week
  • —Sui and NEAR gained nearly 10%; Solana and Chainlink added 3%
  • —87% of Binance-listed altcoins trade above their 200-day average, up from 20% in August
Why it matters: The share of altcoins above their 200-day average and a bearish RSI divergence on Total2 have historically preceded market corrections.
Source: BTC-ECHO