With Bitcoin losing ground, has the altseason begun?
There was a time when a pump in the Bitcoin market would translate into growth for other cryptocurrencies. However, recently, there have been signs of an inverse correlation between Bitcoin and many other altcoins, especially small-cap assets. The previous week’s market movement put major crypto-asset, Ethereum [ETH] in a top spot for incurred gains as its market cap grew by 5.9% week-over-week. While BTC’s market cap witnessed only a meager growth of 1.5%. Despite a low rising market cap, BTC’s price touched a yearly high at $12,473k, whereas, ETH also followed its lead and reported its yearly high of $447.…