While BTC is now up 8.6% in Tuesday trading, Ethereum (ETH), Litecoin (LTC), XRP (XRP) and EOS (EOS) are all up over 10%. More surprisingly, Bitcoin Cash (BCH) is up over 30% and Bitcoin SV (BSV) is up a staggering 137%, bringing both forks into the top-5 largest cryptocurrencies.
What stands apart in the recent rally is that altcoins are actually moving up against Bitcoin, meaning that the USD trading pairs are bringing in higher returns for the first time in months.
This turn of events raises the question of whether ‘altseason’ has started. Time will tell, but it’s fair to assume that many investors would settle for an altweek at this point.
US investors looking to trade altcoins commission-free can earn $25 in free BTC by signing up for the Voyager app through this link and trading $100. (or use code: SLUDGE25)
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.