Altcoins are About to See a “Capital Rotation” Event as Bitcoin Rally Heats Up

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Altcoins are currently lagging far behind Bitcoin, which is in the process of showing the markets why it is king The benchmark cryptocurrency’s rally has provided tailwinds for other altcoins, but they have yet to reach parity with the momentum currently being seen by BTC One trader spoke about this in a recent tweet, explaining that he is now watching for there to be a capital rotation event out of Bitcoin and into altcoins He notes that there is already signs of this taking place, including a sharp decline seen by Bitcoin overnight giving way for an Ethereum rally Bitcoin has been taking the lead over the entire market today, with the cryptocurrency’s price rallying past $20,000 yesterday and seeing parabolic gains today while altcoins mostly stagnate. Where it trends in the mid-term will undoubtedly depend largely on whether or not it can maintain its present strength, as any “blow-off…

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