Why Bitcoin Users Are Moving to Altcoins? As Ethereum Price Jumps 11%

Quick Summary:

Although the Bitcoin price rally has paused above $75,000 a day after Donald Trump’s victory, altcoins have continued their strong show with the Ethereum price taking the lead with 11% gains all the way to $2,850 levels.

Investors have a lot of questions as to does this mark the beginning of the much-awaited altseason moving The post Why Bitcoin Users Are Moving to Altcoins?

Historically, #Bitcoin has reached market tops roughly 8 to 12 months after achieving a monthly close above its previous all-time high.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Solana (SOL) 24/7 Cryptocurrency News Altcoin News Bitcoin (BTC) Price Altcoin rally Ethereum (ETH) Altcoin Altcoins Altseason

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:55:06 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 571 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23458815

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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