BITCOIN and ETH keep dragging most ALTCOINS

BITCOIN and ETH keep dragging most ALTCOINS

By toofasteddie | The cryptorunner | 27 Jul 2020


Man, impressive BTC performance the last few days!
It keeps rising consistently while the trading volume seems the increase constantly.
The total market cap is also increasing, but in a different speed rate.
We are dancing around 310 Billion USD which is 3.2% more than yesterday's total market.
But, instead BTC rises at 7% rate. What does it mean?
Obviously we have FIAT entering but not so much. The majority of the rise is coming because the "dragging" of altcoins.
And not all of them are tiny. You have RIPPLE losing 1%, LINK -9%, VET -12%, ADA -10%...

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The uptrend is coming from major altcoins but ETH which is also keeping the good upwards pace.

BTC dominance is 64% when just one week ago was around 61%

We can only get focused on BTC and ETH.

Longing the rest is a high risky game right now, so, the best is now to wait for a little "consolidation" on BITCOIN to try to see if there is some transference to other major altcoins but till then, the SHORT bet on altcoins is more secure.

Wow! at the very same moment I am writing this... 4 Billion USD more have entered in the Market! OMG!!!!!!!

This is becoming more and more exciting!!!!

Sorry, I have to take care of some opened positions...

See you all in the Moon!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.


toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
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