Polkadot’s DOT jumped 6% over the weekend, outpacing broader crypto markets and lifting the CoinDesk 20 index. The move signals renewed risk appetite as traders rotate into major altcoins.
Despite popular narratives blaming whales, halving cycles or ETFs, new data shows Bitcoin and altcoin prices are driven more by liquidity flows, macro risk appetite and speculative crowd behavior than by long-term fundamentals.
As the US government shutdown continues, investors and traders alike are left wondering how and if this will affect the cryptocurrency market. With no clear answer, it is up to individuals to see how to protect their investments.