📈 Why Altcoins Are Rising Faster Than Bitcoin
Bitcoin is the “gold standard” of crypto, but when it comes to rapid price changes, altcoins can surprise even seasoned traders.
One reason is the smaller market capitalization. To raise the price of Bitcoin by a few percent, billions of dollars are needed. But for a small altcoin, sometimes just a few million is enough. This makes them more sensitive to news and investor influxes.
Altcoins often lead Bitcoin in the adoption of new technologies. For example, they may offer faster transactions, lower fees, or new concepts like staking and DeFi services.
But there is also a downside: rapid growth means rapid declines. One negative piece of news or a technical issue can crash the price by dozens of percent in just a few hours.
Therefore, when working with altcoins, it is important to use stop-losses, take profits, and not succumb to emotions.
