Ethereum and Altcoins React to Yield Movements
According to CryptoMichNL, Ethereum ($ETH) remains strong with its bottom linked to Trump's victory. However, recent yield increases have led to a slight correction in $ETH and a more pronounced correction in altcoins. This pattern is expected to persist, with altcoins likely to rally when yields decrease.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast