Wednesday, April 21, 2021
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South Korean crypto traders are pivoting to ‘smaller cap’ altcoins

South Korea’s “big four” crypto exchanges — Bithumb, Korbit, Upbit and Coinone — are showing a marked cooling off in Bitcoin (BTC) enthusiasm.Meanwhile, altcoins are now accounting for the highest 24-hour trading volume according to data from multiple market aggregators.Apart from XRP, which is often popular among crypto traders in

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Here’s why altcoins are dropping as Bitcoin price inches closer to $50,000

Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000.The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen.So why exactly did altcoins crash?There are two main reasons why the

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