The digital currency ecosystem is undergoing a mild capitulation as Bitcoin (BTC) and altcoins like Render (RNDR) fight weekly lows. With a visible growth imbalance recorded overall, AI token Render is in the spotlight with its 15.25% surge to $8.745.
Render Decouples From Bitcoin
It is not unusual to find an altcoin decouple from Bitcoin, especially after a week of long drawdown. At the time of writing, the Render 15% surge compares to the 0.23% fall in the price of Bitcoin. The premier cryptocurrency is now changing hands for $63,755.42 as it looks to sustain its support at the $63,000 support zone.
Render is generally a market outlier with growth significantly outpacing other AI tokens in the ecosystem. With the 24-hour surge, the token has extended its growth over the past week to 20%. While the volatility remains high at the moment, Render has managed to maintain a bullish outlook YTD.
Data from CoinMarketCap pegs this Year-To-Date (YTD) growth at 95.58% as it soared from $4.4 to
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