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Quant Jumps 39% As Altcoins Rally While Bitcoin Stalls Near $84K

Bitcoinist
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Quant Jumps 39% As Altcoins Rally While Bitcoin Stalls Near $84K

TL;DR Quant rose roughly 39% over 24 hours during a broad altcoin rally. 93 of the 100 assets in the CoinDesk 100 were trading higher during the move. Bitcoin remained near $84,000, suggesting the strongest momentum was rotating into altcoins rather than coming from another BTC breakout. Bitcoin may have stopped climbing for the moment, […]

Key Takeaways

  1. TL;DR Quant rose roughly 39% over 24 hours during a broad altcoin rally.
  2. 93 of the 100 assets in the CoinDesk 100 were trading higher during the move.
  3. Bitcoin remained near $84,000, suggesting the strongest momentum was rotating into altcoins rather than coming from another BTC breakout.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.