Investors dive back into altcoins as Bitcoin futures launch

in #cryptocurrency6 years ago (edited)

It appears that fearful traders may have sat their altcoin portfolios on the sidelines in anticipation of the CBOE futures launch.

Investment is now rapidly returning to the altcoin cryptocurrency market. A rush of funds is pouring back into altcoins as the CBOE Bitcoin futures exchange has launched, after some initial hiccups.

Expect to see Bitcoin dominance wane slightly over the next few days as confidence in altcoins is restored. This might be a good opportunity to stock up on some contending coins before things really get rolling!

*This is not professional trading advice! Just my opinion...

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BTC price is headed up too. Seems to be leading the pack?

Yeah Bitcoin is definitely leading - I anticipate a wider distribution in altcoin investment going forward. Funds across many altcoins are returning.

Yup everything is going green again

That's good news. It seems it's always a good time to stock up on altcoins whenever BTC has any news that drives the price up. Every hard fork etc.

Vertcoin is moving nicely along with the pace of BTC.

Yes it is. I don't have any vertcoin but It's one i watch

I, for one, welcome our bullish overlords.

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