Bitcoin has been on the up-and-up for several weeks and is now once again nearing the $8,000 region despite facing increased selling pressure earlier this week. Despite BTC’s upwards momentum, the aggregated crypto markets have generally failed to outperform Bitcoin since it first began surging.
Regardless, one analyst is now expressing the belief that altcoins are currently gearing up for a major move upwards that may be sparked by Bitcoin consolidating.
Crypto Markets Climb as Bitcoin Nears Key $8,000 Level
At the time of writing, Bitcoin is trading up over 8% at its current price of $7,960, which has led most major altcoins to climb as well. Read More at NewsBTC...