Analyst: BTC’s 50% Drop Could Be Setting Up a 2017-Style Altcoin Rally
Comparisons are being drawn to 2017, when altcoins surged after BTC stabilized following a steep decline from its all-time high. Bitcoin (BTC) dropped below $62,000 on June 4, with the move coinciding with the first meaningful pullback in the flagship cryptocurrency’s dominance in nearly eight months, according to analyst CrediBULL Crypto. This has prompted several...
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