Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000.
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Category - Top 10 Currencies
Traders are shifting funds into select altcoins as Bitcoin price trades in a sideways range.
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Bitcoin’s sharp correction may not have broken its uptrend, but several altcoins have signaled that a short-term top could be in place.
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Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit.
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Bitcoin’s slow crawl toward $36,000 has given select altcoins the green light to rally higher.
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Altcoins could also see a strong buying interest and may run up vertically if Bitcoin rallies above $30,000.
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Bitcoin is taking a breather after the recent rally while altcoins are attempting to play catch up.
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Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins.
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The SEC’s lawsuit against Ripple may be bearish for a few altcoins but could be bullish for Bitcoin.
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At first glance, an out-of-this-world plan to launch a network of crypto satellites into space, sounds like one of those grandiose ideas that never got much...
