Wealthy Investors Favor Bitcoin, Ethereum, XRP as Altcoins Show Oversold Signals

Share

Crypto markets are showing a clear split between ‘capital preservation’ and ‘deep-value hunting’: wealthy investors are concentrating fresh buys in major assets such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP), while a handful of smaller altcoins are flashing extreme ‘oversold’ signals on the Relative Strength Index (RSI). According to a snapshot of high-net-worth investors’ positioning compiled as of Friday ET (April 24), Bitcoin (BTC/KRW) accounted for the largest share of recent buying activity at 83%.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles