TL;DR
- Bitcoin remains above $90,000, but the “Fear and Greed” market reading is still at 18.
- Double-digit gain Altcoins like Kaspa (16%), Flare (13%), and SKY (11%) defy general weakness.
- Interest focuses on high-performance utility tokens, such as Kaspa’s Proof of Work and Flare’s programs.
Extreme fear continues to dominate crypto asset trading. Although the Crypto Fear and Greed Index had a slight rise to 18, above last week’s lows of 10, investors continue to proceed with caution. In this context, Bitcoin is trading above $90,000, marking a 4% increase in the last day, although mostly moving around liquidation zones.
Against this backdrop of uncertainty, most altcoins show weak weekly charts. However, a group of key names are managing to move upwards, defying general sentiment. Kaspa (KAS), Flare (FLR), and SKY are in this group, registering double-digit gain altcoins compared to yesterday’s levels, which offers a narrow look at the stories that still capture attention in a nervous market.
Key Factors Behind Double-Digit Gain Altcoins
Kaspa is trading near $0.059, up approximately 16% in 24 hours. This rebound is directly linked to continued interest in its Proof of Work (PoW) design, which focuses on fast confirmation times and parallel block production. This high-performance niche and the constant commitment of miners have helped KAS maintain its intraday gains, even as fear readings persist in extreme territory.
For its part, Flare’s FLR token is trading near $0.015, up approximately 13% on the day. Interest in Flare is related to its focus on data feeds and cross-chain connectivity, coupled with reward programs that distribute incentives to staking and delegation participants. These mechanisms keep performance-oriented traders active during a period when speculative plays lose volume.
Finally, SKY, with a rise of around 11%, falls into the small caps category where movements are often sharper during thin sessions. While data does not point to a recent structural announcement, its movement is more related to capital rotation into double-digit gain altcoins that still offer liquidity for short-term strategies.
This mixed pattern reinforces the idea that investors are being highly selective, without treating the crypto sector as a monolithic risk category.
