Bitcoin (BTCUSD) Rebounds After Trendline Support, Altcoins Face Pullback
Bitcoin dominance bounced off a multi-month trendline, suggesting liquidity will rotate back into Bitcoin and altcoins may underperform through September–October.
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Bitcoin dominance bounced off a multi-month trendline, suggesting liquidity will rotate back into Bitcoin and altcoins may underperform through September–October.
Analyst Benjamin Cowen says XRP may be undervalued versus Bitcoin amid XRP consolidation and a forming triangle; XRP is riskier and volatile while Bitcoin retains dominance and appeal as a store of v…