Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode

A wall of capital is being relocated into altcoins while Bitcoin (BTC) trades sideways, says blockchain analytics firm Glassnode. In their latest newsletter, Glassnode says that altcoins, led by Ethereum (ETH), are benefiting from Bitcoin’s lack of action and sucking in huge amounts of money. The widely-followed analytics firm says that Bitcoin’s on-chain data is […]The post Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode appeared first on The Daily Hodl.