Altcoin Surge: Navigating Risks and Opportunities in Crypto Payroll and Banking
Altcoins have been on a tear recently, and it has left many of us wondering if this is just a temporary blip or if we’re witnessing the dawn of a new era in cryptocurrency. The surge in altcoins is not without its implications, especially in the realm of crypto banking and payroll. Let’s dig into the context behind this trend and the potential risks that small and medium-sized enterprises (SMEs) could face by diversifying their portfolios.
What’s Driving Altcoin Dominance?
Altcoins have now been on top of Bitcoin for a whopping 31 consecutive days, the longest stretch we’ve seen in over a year. This has been driven by a resurgence in global trading flows and Ethereum’s own rise to price levels we haven’t seen since 2021. The…
