Bitcoinist
2020-06-10 12:00:56

Why Bitcoin Could Get a Strong Boost as Altcoin Valuations Become “Frothy”

It may seem as though Bitcoin has been stealing the crypto spotlight since the start of 2020 — and that’s true. The leading cryptocurrency’s directionality decides how altcoins will trend, with “all ships” in this industry rising and falling with the tide. Interestingly, though, it is altcoins that have outperformed BTC over recent weeks. And a prominent investor thinks that this may be a catalyst for the cryptocurrency to appreciate strongly in the coming months. […]

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