Altcoins gained 21% and still lost ground to Bitcoin. What would finally turn the tables?
Glassnode reported that altcoin market capitalization climbed 21% over the past month, while altcoins' share of the combined Bitcoin-and-altcoin market fell 0.9 percentage points over 90 days, based on data as of Sept. 7. Capital has moved up the entire crypto ladder together, with Bitcoin absorbing most of the gain while higher-beta tokens held their […] The post Altcoins gained 21% and still lost ground to Bitcoin. What would finally turn the tables? appeared first on CryptoSlate.
Key Takeaways
- Glassnode reported that altcoin market capitalization climbed 21% over the past month, while altcoins' share of the combined Bitcoin-and-altcoin market fell 0.9 percentage points over 90 days, based on data as of Sept.
- Capital has moved up the entire crypto ladder together, with Bitcoin absorbing most of the gain while higher-beta tokens held their […] The post Altcoins gained 21% and still lost ground to Bitcoin.
- What would finally turn the tables?
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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