There are always people who want to see the next altcoin seasons kick off. In reality, the chances of that happening like in 2017 are slim to none. If the Altcoin Season Index is to be believed, it is still quite a long ways away. No Altcoin Season in Sight This new tool seemingly tracks the performance of Bitcoin compared to the alternative markets. More specifically, it keeps track of the top 50 coins ranked by market cap. Based on their 90-day performance, as estimate is made as to whether or not an altcoin seasons will occur. The main objective
The post The Altcoin Season Index is a Thing appeared first on The Merkle Hash.
Powered by WPeMatico
]]>
It has become painfully evident this weekend will not be a good one for the cryptocurrency markets. If the retracing Bitcoin price is any indication, the next 48 hours may very well turn into a major bloodbath. With the Bitcoin price firmly below $10,000 once again, the market volatility only intensified as more time progresses. Another Bitcoin Price dip Materializes It is not entirely surprising to see the Bitcoin price go through another small correction as of right now. Such a trend has been forming for several days now, especially when the Bitcoin price surpassed $10,000 again not that long
Powered by WPeMatico
]]>