Altcoins rack up 30% gains as Bitcoin price chases after $39,000 By Cointelegraph

Feb 1, 2022


© Reuters.

The cryptocurrency market is in a state of confusion on Jan. 31 as many merchants view ‘s (BTC) weak spot as an indication {that a} crypto winter is starting, but growing information of adoption and multi-million-dollar financing rounds proceed to make headlines frequently.

As Bitcoin trades at $38,500, analysts are highlighting the present worth motion as a potential purchase zone and this bullish sentiment is spilling into altcoins additionally.

High 7 cash with the very best 24-hour worth change. Supply: Cointelegraph Markets Professional
VORTECS™ Rating (gray) vs. DDX worth. Supply: Cointelegraph Markets Professional
VORTECS™ Rating (gray) vs. TLOS worth. Supply: Cointelegraph Markets Professional
FIDA/USD 4-hour chart. Supply: TradingView