It has been predicted that the rise of Ethereum will trigger an "altcoin rally." According to reports, cryptocurrency trader Recto Capital has
"The price of Ethereum recently broke through a major resistance line," he said, adding, "This could be a signal that Bitcoin will move to Ethereum."
"This shows that funds have been moving," he said. "Funds will then move again from Ethereum to altcoins with smaller market caps, which is expected to create a circulation pump."
"We are at the stage where another wave of the capital flow cycle is taking shape," he explained.
2024/12/03 14:53 KST
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