The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season.
What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights. They suggest that Altcoins could outshine Bitcoin (CRYPTO: BTC) in the coming weeks.
The Glassnode co-founders have been keeping a close watch on the Bitcoin Dominance (BTC.D) chart, which indicates the percentage of the total crypto market cap that Bitcoin represents.
They propose that the BTC.D has turned bearish, which could potentially set the stage for altcoins to appreciate in value at a faster rate than Bitcoin.
The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season.
加密分析公司Glassnode的联合创始人预测,在假期季节即将到来之际,山寨币可能会迎来一波上涨。
What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights. They suggest that Altcoins could outshine Bitcoin (CRYPTO: BTC) in the coming weeks.
The Glassnode co-founders have been keeping a close watch on the Bitcoin Dominance (BTC.D) chart, which indicates the percentage of the total crypto market cap that Bitcoin represents.
They propose that the BTC.D has turned bearish, which could potentially set the stage for altcoins to appreciate in value at a faster rate than Bitcoin.