The total market has dropped by a similar amount, losing $1.5 trillion in just two months. It has sparked predictions of a ‘Crypto Winter,’ akin to those observed after the bull markets of 2013 and 2017.
Although analysts are split on which way the market will go from here, Ethereum (ETH), Cardano (ADA), Binance Coin (BNB), and Ripple (XRP) have all failed to rebound from the drop as of yet.
However, the demand for Ethereum and three other altcoins is robust, according to an autonomous bot that has been beating the crypto market by leveraging data from weekly trader polls.
Ethereum i Polygon
Source: https://coinpedia.org/altcoin/crypto-market-show-signs-of-recovery-eth-matic-btc-luna-and-sol-see-robust-demand/