Bitcoin Price Breakout — Is the Altcoin Rally Next?
In today’s Crypto for Advisors, Gregory Mall, chief investment officer from Lionsoul Global, writes about bitcoin’s current rally, and how it historically has and could potentially impact altcoins.
Then, Kevin Tam looks at crypto trends, 13-F filings and institutional adoption in Ask an Expert.
Bitcoin’s Breakout — Is the Altcoin Rally Next?
On May 22, bitcoin (BTC) marked a historic moment, reaching a new all-time high, briefly surpassing the levels seen earlier this year. While prices have since consolidated, BTC remains within striking distance of its all-time high — a feat achieved despite lingering macro uncertainties, low trading volumes, and general market skepticism.
Meanwhile, most altcoins remain far from…