Why Bitcoin, Ethereum, XRP Traders Are Fed Up
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH) traders continue to outperform altcoin holders as traders voice their frustration over the notable underperformance of the latter.
What Happened: Data from Lookonchain shows how volatile conditions have made active trading a losing game for most. The data showed that holding these major crypto coins has been the only consistently profitable strategy in recent months.
If the recent liquidation cascade flushed out weak hands, a long position could mark the start of a rebound or new upside momentum.
Don’t Miss: The ‘ChatGPT of Marketing’ Just Opened a $0.81/Share Round —…
