News Formal

Bitcoin Stalls at $35K as Gains Flow to Altcoins in Crypto's 'Early Bull Market Rotation,' Analyst Says

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

tried and failed at holding above $35,000 this week, with one analyst arguing traders likely took their BTC profits and rotated into altcoins, pushing those prices higher.

Lucas Outumuro, research head of IntoTheBlock, said the outperformance of smaller, riskier tokens is a sign of capital rotation from bitcoin and ether after their sizable rallies, a typical behavior from investors during crypto bull markets.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35KKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Fonte: CoinDesk - 🏆 291. / 63 Consulte Mais informação »