Altcoin Underdogs Outperform Bitcoin To Kick Off 2022
Altcoins have started the year 2022 with an overperformance over Bitcoin. Out of all the various indexes, the mid-cap coins seem to have accumulated the most gains so far. Bitcoin Starts The Year Underperforming The Altcoins As per the latest weekly report from Arcane Research, Bitcoin’s 2022 has started with the coin underperforming in front of various altcoins. Throughout 2021, most of the altcoins managed to beat BTC in terms of overall gains. And it looks like this year also hasn’t been any different so far. Here is a chart that shows how the various altcoins have compared....
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As the price of Bitcoin hovers just around $43,000, the cryptocurrency community is buzzing with expectation. This is due to the sideways price action following Federal Reserve commitment to decrease balance sheet. Bitcoin and Crypto Market Crash The price of bitcoin fell below $44,000 shortly after the Federal Reserve’s December FOMC meeting notes re-confirmed efforts to regulate the balance sheet. After minutes from the Federal Reserve’s December FOMC meeting revealed that the regulator is dedicated to reducing its balance sheet and hiking interest rates in 2022, Bitcoin....
Ethereum may outperform bitcoin, the Republic of Liberland shows interest in Dash, and an altcoin hub turns one. Want to catch up on your latest altcoin news? Read the stories below. ETHEREUM. Ethereum could potentially outperform bitcoin towards the end of the year. One analyst points out that a recent panic selling of bitcoin spurred from the recent drop in its price due to regulatory rumours stemming from China. Bitcoin swung around sporadically on the charts, only to rapidly rise back up and enter a trading haven of around $730 earlier this week. The analyst claims that while such a....
Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price is down, altcoins tend to follow, but as a bottoming process begins, altcoins tend to perk up during Bitcoin's consolidation phases and this typically leads to a call for an altcoin season. While Bitcoin's current dip below $30,000 shows that it's a bit premature to call for an....
The wait for the start of the altcoin season has been a long one, and even now, this market phenomenon remains elusive to investors. It was expected that after the Bitcoin price hit multiple new all-time highs over the last two years, altcoins would follow. Bitcoin continued to outperform the top altcoins by a large […]
The altcoin market is navigating a period of volatility and uncertainty, with traders closely watching Bitcoin and Ethereum as they attempt to reclaim key levels. For many investors, the long-awaited altseason—a period where alternative cryptocurrencies outperform BTC—remains more of a hopeful narrative than a present reality. With BTC and ETH dominating market sentiment, smaller assets […]