Crypto Pundit: Altcoin Sentiment Will Cause Bitcoin to Collapse
Bitcoin is possibly on its way to new all-time highs, while altcoins like Ethereum, Ripple, and Litecoin are capitulating en masse. The two things don’t often go hand in hand due to how closely the two crypto asset types are connected, yet growing regulatory pressure and other important factors have caused a massive divergence in their price correlation.
Sentiment around altcoins is at extreme lows, yet the majority of the crypto market believes that Bitcoin is about to embark on its next
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