Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
Bloomberg news
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
Bitcoin continues its march toward $100,000, and several altcoins could be poised to hit new all-time highs.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels.
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?