Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins

Over the previous few months, nonetheless, alternate outflows have plateaued, as seen within the chart under. That suggests merchants are step by step transferring BTC again onto exchanges for buying and selling functions as bitcoin’s worth rallies. Over time, a shift to alternate inflows might sign a peak in BTC’s worth, related to what occurred in May.

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