What happened<\/h2>\n
Tuesday wasn’t exactly a banner day to be an altcoin investor, as the assets leading the crypto pack were hit by sell-offs.<\/p>\n
The prices of many altcoins fell on the day, with more than a few tumbling at double-digit rates. Among these unfortunates were Near Protocol<\/strong> (CRYPTO: NEAR)<\/a><\/span> and The Graph<\/strong> (CRYPTO: GRT)<\/span>, both of which slid by over 10%. Emerging with relatively less damage was Helium<\/strong> (CRYPTO:HNT), down by “only” 7%.<\/p>\n Image source: Getty Images.<\/p>\n In the crypto world, when Bitcoin<\/strong> (CRYPTO: BTC)<\/a><\/span> sneezes, a vast number of other tokens catch a cold. That was certainly a mover behind the Tuesday drops of Near Protocol, The Graph, and Helium, as Bitcoin set the pace with a more than 6% slide.<\/p>\n There was little direct news with any of those coins that would have pushed their prices down. The same goes for Bitcoin.<\/p>\n The crypto leader likely suffered from a combination of the general financial asset trading lull between Christmas and New Year’s Day, and a recalibration of many mixed-asset portfolios that include comparatively risky holdings like cryptocurrencies.<\/p>\n Also, some brokerages are forcing\/encouraging clients to liquidate<\/a> more heavily leveraged positions at year-end. As Bitcoin is pricey these days and ever-volatile, it’s a prime candidate for such portfolio cleaning. That goes double for most altcoins<\/a>.<\/p>\n Investors in Near, The Graph, and Helium shouldn’t be spooked by Tuesday’s price movements, even though — in the case of the first two coins — a double-digit drop isn’t easy to swallow. For example, Near Protocol is the native crypto of a proof-of-stake blockchain that could give Ethereum<\/strong> a run for its money, while Helium underlies a promising decentralized wireless network.<\/p>\n 10 stocks we like better than NEAR Protocol<\/strong> They just revealed what they believe are the ten best stocks<\/a> for investors to buy right now… and NEAR Protocol wasn’t one of them! That’s right — they think these 10 stocks are even better buys.<\/p>\n See the 10 stocks<\/a><\/p>\n *Stock Advisor returns as of December 16, 2021<\/span><\/em><\/em><\/p>\n Eric Volkman<\/a> owns Bitcoin, Ethereum, and The Graph. The Motley Fool owns and recommends Bitcoin, Ethereum, and The Graph. The Motley Fool has a disclosure policy<\/a>.<\/em><\/p>\n The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n![\"A](\"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F659133%2Fa-woman-looking-at-a-set-of-indexes-and-graphs.jpg&w=700\")
<\/p>\nSo what<\/h2>\n
Now what<\/h2>\n
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