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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.…

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Bitcoin Pushes Onward To $9500, Is The Altseason At Risk?

Bitcoin pushes onwards to the $9500 region while most altcoins followed with some amazing gains but if BTC continues to surge, will the altseason be at risk? Let’s find out in the latest Bitcoin news. Reacting to the positive news, Bitcoin pushes onwards to the $9500 price range while reaching an intraday high of $9560. On the way up, the number one cryptocurrency took most of the altcoins along with it and they managed to push down the Bitcoin dominance to 61%. Following the few weeks of stagnant price action, Bitcoin made a strong move a few days ago and…

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Altseason on the Horizon as Bitcoin Remains Range-Bound

The altcoin market appears to be on the cusp of another altseason rally as tokens experience massive price surges while Bitcoin remains locked in sideways accumulation. Altcoin Tokens Surge as DeFi Market Explodes Tweeting on Monday (July 20, 2020), crypto analyst @Crypto_Ed_NL published a chart showing that a new altseason could be on the horizon.Read MoreRead More. The post by Osato Avan-Nomayo appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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