SKY, QNT, and FET soar, overlooking risk-off sentiment in crypto market

  • Bitcoin and top altcoins operate in the red on Wednesday as the risk-off sentiment persists.
  • Real-world asset tokens such as Sky and Quant rise against the bearish tides, spearheading market gainers. 
  • AI token FET’s technical outlook reveals a hidden RSI divergence, supporting a double bottom reversal. 

The cryptocurrency market consolidates halfway through the week as Bitcoin (BTC) loses steam above $106,000, resulting in a broader pullback. Select real-world asset (RWA) and Artificial Intelligence (AI) tokens surge, ignoring the top altcoins’ struggle to bounce back. 

Sky targets $0.10 with key resistance breakout

Sky (SKY) is trading at $0.080, experiencing a surge of over 3% as of the time of writing on…

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