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Altcoins Surge as Analysts Warn Altseason Hasn’t Started

  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub Zcash, Quant and a few other tokens have rallied, but Liu says their gains are too isolated to confirm a broad altcoin rotation. Analyst Dennis Liu, who posts on X as VirtualBacon, says altcoin season has not started, because the average altcoin is only about 10% ahead of BTC since the primary cryptocurrency’s bottom. According to him, a handful of strong coins are making the market feel hotter than the data supports. Most Altcoins Still Trail Bitcoin Liu’s argument rests on relative performance rather than a few eye-catching rallies. He pointed to the Total 2-to-Bitcoin ratio, which compares the market value of cryptocurrencies other than Bitcoin with BTC, and described the chart as “very flat.” Since Bitcoin’s bottom, the average altcoin has gained 10% more than BTC, he noted. That is fa...

Top Altcoin Losers After Bitcoin Breaks Below $84K

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  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/binancefuturesignal MNT, DOT, and UNI lead on the way south but there are many, many more. Bitcoin was rejected again at $87,000 on Monday, and the bears took it a step further earlier this morning, pushing it south hard to under $84,000. BTC’s decline dragged most of the altcoins with it. Ethereum slipped below $2,600, XRP dumped further away from the $1.50 support, and HYPE is close to breaking below $90. BTC Below $84K After the positive PCE data last Wednesday, which sent BTC up and down within minutes, the asset went on the offensive on Friday. It had climbed above $86,000 even before the US jobs report went live, which was weaker-than-expected. The bulls initiated another leg up, driving the cryptocurrency to over $87,000. However, the bears stepped up at this point. Bitcoin slumped in the followin...

1.6B XRP Moves to Binance: Should Investors Worry?

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  Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app Massive XRP transfers to Binance could increase selling pressure, although inflows alone do not prove that investors are selling. XRP transfers to Binance have increased sharply, raising questions about possible selling pressure in the short term. According to CryptoQuant’s latest findings, around 1.6 billion tokens flowed into the exchange over the past 30 days. This is the highest 30-day inflow recorded since March. Inflows Rise, as Futures Stay Strong Large amounts of XRP moving to an exchange can be a warning sign. Traders often send tokens to exchanges when they plan to sell. However, the inflow alone does not confirm...