RATE Group | Bitcoin (BTC) Flippenning Is Happening – Prepare For Altcoins Boom In The Near Future!
27562
post-template-default,single,single-post,postid-27562,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin (BTC) Flippenning Is Happening – Prepare For Altcoins Boom In The Near Future!

21 May Bitcoin (BTC) Flippenning Is Happening – Prepare For Altcoins Boom In The Near Future!

Posted at 06:33h in Bitcoin News by

[ad_1]

Today, I came across some very interesting news regarding Ethereum (ETH). The news is about bitcoin flippenning, and the rise of Ethereum. In the last one week, Bitcoin (BTC) dominance has stagnated at 37.1%, while that of Ethereum has rose by 1% from 17% to 18%. If this continues, Ethereum will dethrone bitcoin by the end of the year.

The idea that altcoins might be gaining value independent of Bitcoin is something that every crypto investor should rejoice in, and for good reason.

First, it is increasingly clear to many that there is a lot of manipulation around the price of bitcoin. Take the MtGox dump for example. In the recent past, you may have noticed that any time the price of bitcoin attempts to rally, the MtGox trustee dumps coins in the market. There are other whales who are also controlling the price of bitcoin in one way or another too. This has had the impact of pushing down the value of Bitcoin (BTC), and by extension the value of the altcoins as well.

Unfortunately,…

[ad_2]

Article Source

Tags:
, , , , , , ,