Altcoins News
By Maheen Hernandez
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Bitcoin correction is happening continually. While the Bitcoin has been rallying, almost all the Altcoins have been bleeding.
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If the Bitcoin correction would continue, the market can expect a double-bottom for the Altcoins ahead.
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The Altcoins market cap has been showing a downward tilt. The Bitcoin has been pointing upward, and it is showing some indecision.
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The overall market capitalization of the cryptocurrency market includes everything from Bitcoin, Ethereum, Stellar Lumens, TCAT Tokens and everything in the market, is now…
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Since there is an inter-related sentiment between the Altcoins and the Bitcoin, the Altcoins will suffer the most in terms of correction.
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Several Altcoins are currently down by 90% from their all-time highs, and if Bitcoin would touch $100,000, these Altcoins might never reach the levels again.
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Max Keiser, in his Twitter post, stated: “#Bitcoin dominance 68.2% — heading to 80% — as alts die in favor of BTC. The 2014-2017 era of alts and hard forks is dead.
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However, Ethereum is coming to its terms, and with time if this will continue, it might not be right to classify Ethereum as an Altcoins anymore.
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A financial market place that is devoid of widespread regulatory interference is rare. While profiting with cryptocurrency is not a part of the blockchain technology's…
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