PLovers
Internet Computer (ICP) fell 2.65% in the past 24h, underperforming the broader crypto market (-0.51%) amid technical breakdowns and risk-off sentiment. Key drivers:
Technical Resistance & Bearish Momentum – Failed breakout attempts and weak on-chain indicators.
Altcoin Weakness – Capital rotated to Bitcoin (59.38% dominance) as fear dominates markets.
Layer-1 Underperformance – ICP mirrored broader L1 token struggles despite ecosystem updates.#CryptoMarketMildlyRebounds $ICP
Technical Resistance & Bearish Momentum – Failed breakout attempts and weak on-chain indicators.
Altcoin Weakness – Capital rotated to Bitcoin (59.38% dominance) as fear dominates markets.
Layer-1 Underperformance – ICP mirrored broader L1 token struggles despite ecosystem updates.#CryptoMarketMildlyRebounds $ICP
ICP-1,94%

