$ETH
$BTC
💀 Bitcoin rises, alts stay flat. It falls, alts drop even harder.
Wintermute analysts note increased selling of altcoins and a flow of capital into BTC and ETH. Over the past week, alts lost 5.69% on average.
In their view, even a rise in Bitcoin may not pull altcoins out of their sideways range. And if the whole market drops, they risk sinking even further.
Wintermute believes BTC and ETH currently look more attractive in terms of risk and potential returns.
$BTC
💀 Bitcoin rises, alts stay flat. It falls, alts drop even harder.
Wintermute analysts note increased selling of altcoins and a flow of capital into BTC and ETH. Over the past week, alts lost 5.69% on average.
In their view, even a rise in Bitcoin may not pull altcoins out of their sideways range. And if the whole market drops, they risk sinking even further.
Wintermute believes BTC and ETH currently look more attractive in terms of risk and potential returns.