Crypto News Bulletin from bitcoinist

Tuesday July 21, 2020 1:00 AM
1 week 6 days ago

Analyst: Altcoins Will “Rage Dump” Against Bitcoin as Momentum Pauses

Altcoins have strongly outperformed Bitcoin over recent weeks, with some gaining dozens of percent as BTC has flatlined in the low-$9,000s. Analysts expect altcoins to soon underperform BTC as bullish momentum in the altcoin market peters out. The drop has already begun, with some of the altcoin market’s hottest properties, so to say, posting poor performances over the past day. Many analysts and fund managers expect specific altcoins to retrace further as buying volume fails […]