Altcoins in Trouble? 5 Reasons Traders Stay Away

2019-9-5 10:46

After initial enthusiasm, investors and traders are becoming more skeptical of altcoins, as prices sink to new yearly lows.

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Bitcoin Price Surges 7% Overnight, Hitting 70% Dominance vs. Altcoins

The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior to the minor rally, technical analysts and cryptocurrency traders including Josh Rager and Flood suggested that bitcoin could move below $9,000 to test lower levels if […] The post Bitcoin Price Surges 7% Overnight, Hitting 70% Dominance vs. Altcoins appeared first on CCN Markets

2019-9-3 03:30


Here’s Why Crypto Traders are Abandoning Altcoins to Bullishly Buy Bitcoin

Since January, in less than four months, the valuation of the crypto market is up around $52 billion from $125 billion with the bitcoin price comfortably hovering above the $5,300 mark. Historically, alternative cryptocurrencies, or altcoins, have performed particularly well when bitcoin demonstrates a sideways price movement or remains stable in a tight price range.

2019-4-22 13:12