Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
Avalanche news
Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.
According to a recent gaming survey from Elympics, approximately 57% of respondents said they played pay-to-win games to collect airdrops.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
Bitcoin’s failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.