Bitcoin is at an all-time high — so why aren’t altcoins going up too?
1. Bitcoin is getting all the attention:
Most people are putting their money into Bitcoin right now, not altcoins. It’s the first choice for new investors.
2. Too many altcoins:
There are thousands of altcoins, many doing similar things. Because of this, money is spread out and no single one is really taking off.
3. Ethereum isn’t leading yet:
Ethereum usually starts the altcoin rally. But right now, it’s still weaker compared to Bitcoin, so the rest of the altcoins are also quiet.
4. Altcoins follow after Bitcoin cools off:
Altcoins usually start going up after Bitcoin slows down or stops rising fast. Right now, Bitcoin is still the star of the show.
