Friday, June 21, 2024

This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs

Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.

source https://www.coindesk.com/markets/2024/06/21/this-is-why-altcoin-investors-struggle-despite-bitcoin-ether-sitting-near-yearly-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

No comments:

Post a Comment

Fidelity joins Wall Street's race to manage stablecoin reserves

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market. source https://www.coindesk.com...