Bitcoin Rally Sustains While Investors in Other Crypto Assets Continue To Suffer10

Last night, Bitcoin broke back above $6,000 across the crypto market, and to many, it’s a signal that the bottom is “in” and the bear market is now a lingering memory.

While the leading cryptocurrency by market cap has nearly doubled since its 2018 low, the rest of the crypto market continues to bleed out, with most altcoins setting new lows in their ratios relative to BTC. With Bitcoin at an inflection point, and much of the market in disbelief, analysts are torn as to whether altcoins like Ethereum and Ripple will continue to plummet, or are an attractive buy at this level.

Original source
https://www.newsbtc.com/2019/05/09/bitcoin-rally-investors-crypto-assets/

Add comment

Please Sign in to be able to leave comments.