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Price Analysis: Altcoins May Sigh with Relief
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Price Analysis: Altcoins May Sigh with Relief
by Vladdirescu Fri Nov 10, 2017 2:56 am
The rally of the BTC price had some negative influence on other cryptocurrencies. Now, as Bitcoin will probably become steady, without surges of falls, other coins will have a chance to improve their positions.
Andrei Popescu, a lifetime member of the Bitcoin Foundation, and Chief Experience Officer at C.O.S.S. PTE LTD, a platform which encompasses all the features of a digital economic system based on cryptocurrency, told Coinidol:
“Ether and the other altcoins are suffering now of poor liquidity because of the Bitcoin rally.” Good news is that BTC is becoming less volatile, so “the selling pressure for other altcoins will diminish.”
Read the full article: https://coinidol.com/price-analysis-altcoins-sigh-with-relief/
Andrei Popescu, a lifetime member of the Bitcoin Foundation, and Chief Experience Officer at C.O.S.S. PTE LTD, a platform which encompasses all the features of a digital economic system based on cryptocurrency, told Coinidol:
“Ether and the other altcoins are suffering now of poor liquidity because of the Bitcoin rally.” Good news is that BTC is becoming less volatile, so “the selling pressure for other altcoins will diminish.”
Read the full article: https://coinidol.com/price-analysis-altcoins-sigh-with-relief/
Vladdirescu- Posts : 721
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Join date : 2017-04-21
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