Significant Corrections in Altcoin Market Following Recent Surge

According to Odaily, recent market data indicates that altcoins, which experienced a surge yesterday, have undergone significant corrections. Zcash (ZEC) saw a decline from a peak of 750 USDT to 508 USDT, marking a 32.1% retracement. Filecoin (FIL) dropped from a high of 3.97 USDT to 2.99 USDT, a decrease of 24.4%. Arweave (AR) fell from a maximum of 8.73 USDT to 6.54 USDT, resulting in a 25.1% pullback. Meanwhile, ORDI experienced a reduction from 7.5 USDT to 5.135 USDT, reflecting a 31.5% correction.