The analyst called Bitcoin a riskier asset than altcoins.
Famous crypto analyst Dan Gambarello, in a recent review of current market conditions, suggested that Bitcoin may represent a riskier investment for individuals compared to various altcoins.
He highlighted several key factors that, in his opinion, indicate that investments in certain altcoins may currently be more profitable than investments in the flagship cryptocurrency. The higher risk of Bitcoin is associated with a new historical maximum of its rate.
The analyst pointed out that the BTC risk model is at 53, which is above the average level. In contrast, the indicators for leading altcoins are significantly lower.
For example, the risk model for Cardano is at 41, which confirms its bullish forecast and optimistic investor sentiment. The risk coefficient for Chainlink is 39, which is 2 points lower than Cardano, while Ethereum's indicator is at 37.
Famous crypto analyst Dan Gambarello, in a recent review of current market conditions, suggested that Bitcoin may represent a riskier investment for individuals compared to various altcoins.
He highlighted several key factors that, in his opinion, indicate that investments in certain altcoins may currently be more profitable than investments in the flagship cryptocurrency. The higher risk of Bitcoin is associated with a new historical maximum of its rate.
The analyst pointed out that the BTC risk model is at 53, which is above the average level. In contrast, the indicators for leading altcoins are significantly lower.
For example, the risk model for Cardano is at 41, which confirms its bullish forecast and optimistic investor sentiment. The risk coefficient for Chainlink is 39, which is 2 points lower than Cardano, while Ethereum's indicator is at 37.
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BTC
117,039.99
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