ATOM Slips 5% as Bitcoin Regains Dominance After Altcoin Season

Description

ATOM, the native token of the Cosmos network, tumbled 5% in the past 24 hours as Bitcoin regained momentum, pulling market attention back to large-cap assets. The move comes after last week’s “altcoin season,” where ATOM and other mid-cap tokens outperformed BTC in a broad rally. ATOM fell from $5.26 to $4.98 between July 21 at 11:00 and July 22 at 10:00 UTC, facing heavy resistance at $5.32 during the 15:00 trading hour. Trading volumes spiked to 1.79 million units by 16:00 as sellers overwhelm...