What today’s data shows is that, similar to in past market cycles, flights to safety within the cryptosphere is translating to movement of capital into BTC and ETH, relative to other coins. On the other end of the spectrum, the more speculative Computing Index (CPU) and Culture & Entertainment (CNE) have lagged other sectors in both week to date and month to date performance.
Source: https://www.coindesk.com/markets/2022/12/20/crypto-markets-today-more-ftx-fallout-as-traders-turn-defensive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines