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Altcoins may need a Bitcoin breakout to escape the sell-off

Altcoins may need a Bitcoin breakout to escape the sell-off

Photo: Cryptopolitan

Crypto money is flowing away from altcoins to Bitcoin as spot ETF demand wanes and other cryptocurrencies experience a sell-off, according to market maker Wintermute and the market overview from Phemex. The message for those holding altcoins couldn’t be clearer – there will be no broader uptrend without Bitcoin’s leading move. Wintermute reportedly estimated that...

Source: Cryptopolitan

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