Crypto Market Sees New Trends as Altcoins Outperform Bitcoin
Main Idea
The crypto market is experiencing new trends as altcoins outperform Bitcoin, with notable growth in Ethereum and BASE, while Bitcoin's momentum has stagnated.
Key Points
1. Bitcoin's price has reclaimed $118,500, but its momentum has stagnated, while Ethereum's price is at $4,184.
2. Altcoins, particularly BASE, are outperforming Bitcoin, generating excitement among investors.
3. Around 80% of altcoins outperformed Bitcoin last month, with Ethereum breaking cycle peaks and attracting substantial capital influx.
4. Ethereum needs to maintain stability above $4,100 and exceed its all-time high to solidify BTC.D decline.
5. BASE, Coinbase's Layer2 solution, has shown exponential growth with a total value locked (TVL) of $4.5 billion, ranking among the largest and witnessing a 9000% growth in one year.
Description
Altcoin market dynamics show increase with distinctive sustainable traits. BASE network positively influenced the market with exponential growth. Continue Reading: Crypto Market Sees New Trends as Altcoins Outperform Bitcoin The post Crypto Market Sees New Trends as Altcoins Outperform Bitcoin appeared first on COINTURK NEWS .
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