Bitcoin Analyst Explains Why Money Is Poised to “Flow Out of Altcoins,” Boosting BTC

It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher. Just look at the table below, shared by Tahar Zafar. It shows that over the past week and even over the past three months, decentralized finance-focused altcoins such as Aave’s LEND and Kyber Network’s KNC have dramatically […]