While Attempting New Highs Altcoins and Bitcoin Hit Resistance
Both the Altcoin Index and Bitcoin have faced resistance while trying to break new highs. Of course, this could be weekend doldrums, but from experience, liquidity actually picks up for cryptos in off-market hours. The Kovach Crypto Spread is roughly even, though tilted to Bitcoin's favor as the Altcoins appear to be hit just a bit harder. Consider this as a buying opportunity for both as crypto adoption becomes increasingly more prevalent especially as Bitcoin CME futures come online December 18th.
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