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

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Swiss National Bank Rejects Calls to Add Bitcoin Reserves

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. "F...