Altcoins slump as Bitcoin’s “safe-haven appeal” helps it hold near $93K


Altcoins slump as Bitcoin’s “safe-haven appeal” helps it hold near $93K

Profit-taking and geopolitical risk are accelerating flows out of altcoins, rotating toward Bitcoin’s lower correlation and perceived defensive traits Major cryptocurrencies dropped sharply on Thursday as traders moved to lock in profits, dragging altcoin prices lower across the board. Bitcoin, meanwhile, held steady near the $93,000 mark, showing a level… Continue reading Altcoins slump as Bitcoin’s “safe-haven appeal” helps it hold near $93K

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