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no one’s talking about this: $300M bet on altcoins while btc consolidates… is it time to rotate and ride the altcoin wave
traders eyeing altcoin bottom amidst bitcoin stagnation: $300M altcoin bet signals risk appetite despite market turbulence, utility coins in spotlight amid
The crypto market is searching for signs of a bottom as December brings volatility. A 5% drop in total crypto market cap midweek erased earlier gains, leading to Bitcoin’s consolidation phase. Meanwhile, traders are capitalizing on market indecision with a $300 million bet on altcoins. Despite a loss, the focus remains on utility-focused projects, raising questions on altcoin trading risks and market behavior divergence. Market signals hint at a favorable setup for altcoins, with various indicators pointing towards a potential new move. Source: [Link] 📉📈
Altcoin Market Eyes Bottom as Bitcoin Consolidates – Is It Time to Rotate?
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