Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why

First posted at http://feedproxy.google.com/~r/BitcoinIndependentNewsAndBlog/~3/M15WWj7SZr0/

Crypto New Media Press

Bitcoin saw a notable upswing today that allowed it to firmly surmount the heavy resistance it was previously facing at $9,200. Today’s price action has marked the first sustained period of trading within the $9,000 region that the cryptocurrency has seen since late-February. Today, most major altcoins have not been able to mirror the gains […]

The post Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why appeared first on Crypto New Media.

Leave a Comment