Bitcoin Dominates but Altcoins Lurk

Bitcoin Dominates but Altcoins Lurk

But Oanda’s Moya noted that even falling Treasury yields, “which makes crypto attractive,” have failed to move investors. “Right now, no one wants to buy this dip,” he wrote, adding that bitcoin could test support just above $25,000 and that $20,000 remains a possibility. “Bitcoin can’t stabilize until Wall Street sees calm and that might not happen for a little while longer.”

Originally Posted on: https://www.coindesk.com/markets/2022/05/24/first-mover-asia-bitcoin-dominates-but-altcoins-lurk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds, Damanick Dantes, James Rubin

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