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Altcoins turn bullish even as Bitcoin price slips below $46K again
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The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing to predict the direction of the breakout.
While Bitcoin price compresses, the altcoin market has come alive and multiple tokens are posting notable gains, especially in the DeFi cohort.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Everest (ID), PAC Protocol (PAC) and Ravencoin.
Everest is a blockchain company with a focus on removing barriers to public services and enhancing economic inclusion through the
Read more on cointelegraph.comAbout this in other media
Seven Bitcoin IRAs, Reviewed for 2022 cryptonews.com /2 years ago
Analysts expect turbulent Bitcoin price until $46,500 flips to support cointelegraph.com /2 years ago
Small cap altcoins flash bullish signals even as Bitcoin revisits $42.5K cointelegraph.com /2 years ago
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