Bitcoin Stalls at $35K as Gains Flow to Altcoins in Crypto’s ‘Early Bull Market Rotation,’ Analyst Says
Layer 1 cryptocurrencies and DeFi tokens soared this week as bitcoin and ether chopped sideways.
Binary trading platforms with better performance and payouts
Altcoins
Layer 1 cryptocurrencies and DeFi tokens soared this week as bitcoin and ether chopped sideways.
I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year’s market meltdown.
Less than half of the fund’s investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.
PLUS: The first half of 2023 has so far been very promising for crypto majors.
Creditor distributions will only be made in the two most popular cryptocurrencies, the company said