Altcoins outpace bitcoin as precious metals' historic rally keeps macro focus sharp
Altcoins have been outperforming Bitcoin as the cryptocurrency market reacts to a significant rally in precious metals, which has heightened macroeconomic concerns. Investors are increasingly shifting their focus to altcoins, driven by their potential for higher returns amid changing market dynamics. The rise in precious metals prices is attributed to factors such as inflation and geopolitical tensions, influencing investor sentiment across various asset classes. This trend suggests a growing interest in diversifying portfolios beyond traditional cryptocurrencies like Bitcoin.
Read the full article: CoinDesk