Tag: Altcoin
Standard Chartered “dips create buying opportunities”
Geoffrey Kendrick, the currency and digital assets research manager at the British banking giant Standard Chartered, stated today that the recent declines triggered by news from China have created buying opportunities for Bitcoin and other cryptocurrencies. He emphasized that these market fluctuations could allow investors to acquire digital assets at more favorable prices, potentially leading
Altcoin Season Index Surges to 48, Bitcoin’s Reign Continues
The Altcoin Season Index, a key metric tracked by CoinMarketCap, measures the performance of the top 100 cryptocurrencies (excluding stablecoins) against Bitcoin over the past 90 days. Recently, this index climbed four points to reach 48. However, despite this increase, the market remains firmly in Bitcoin Season. To officially transition into Altcoin Season, at least