Is It Time to Forget Bitcoin and Buy Altcoins Instead?
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Although 2024 has been a strong year for crypto as whole, Bitcoin (CRYPTO: BTC) has dominated the spotlight, leaving many altcoins in the dust. Bitcoin's impressive performance has overshadowed the rest of the crypto market, and many are likely wondering when will it be time to forget Bitcoin and turn to altcoins (essentially, all cryptos other than Bitcoin).The answer is complex, but if history is any guide, the tides may be shifting soon.Altcoins -- those smaller, more speculative cryptos that sometimes skyrocket in a short time -- have had a relatively quiet 2024. Despite multiple forecasts of an altcoin resurgence, the rally hasn't arrived yet. This is primarily due to Bitcoin's dominance -- its share of the crypto market's value -- rising during the past two years and continuing to climb.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool