5 Crypto To Sell To Avoid Bear Market Losses

The digital asset market continues its downward trajectory this week, prompting investors seeking crypto to sell to avoid losses.

Most users on social media spaces say offloading assets is just for the short term as the market correction bites harder. The market situation is linked to a decline in institutional buys as Bitcoin price fell below $70,000.

At press time, Bitcoin price trades at $65,432, declining 2% and slightly at a better position than most altcoins. As the wider market capitalization plunges to $2.35 trillion, altcoins and meme coins have seen the highest crypto losses. The double-digit losses in most quarters continue to weaken sentiments. Here are 5 crypto to sell to avoid short-term losses:

Solana (SOL)
Solana is down 4.67% trading at $137 below multiple resistance levels from its Q1 2024 highs. The asset recorded wider weekly losses at 11% while monthly figures dropped to 21%. The market cap of Solana stands at $63.2 billion showing a decline in the once high-flying asset.

Toncoin (TON)
The Toncoin ecosystem recorded huge gains this year, outpacing Bitcoin by some points. However, recent bearish activity has seen its price plunge. TON price stands at $7.26, a 5.5% decline today amid pressure on wider crypto assets. As short-term volume plummets, its weekly and monthly volumes remain in the green zone.

Avalanche (AVAX)