Bitcoin’s value has been rising steadily. But what about altcoins? E-Crypto News reached out to experts within the crypto space for their opinions and asked our COO, Sukhi Jutla, to give her thoughts.
She said: “It seems that the correlation between Bitcoin and altcoins has become weaker with time. Bitcoin is now seriously considered by traditional and ‘non crypto’ investors as a way of diversifying their portfolio. With the economic uncertainty resulting from the pandemic and traditional markets being grandly affected, we can imagine that more people have invested in Bitcoin in the past few months as it remains the most known and trusted coin by the public.”
Read the article here.