Top Fund Managers Think Bitcoin May Seriously Outperform Altcoins

Many investors flipped bullish on Bitcoin relative to altcoins over the past few days. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10%. Analysts think this trend may continue for the forseeable future. Bitcoin Could Outperform Altcoins in the Months Ahead Many investors flipped bullish on Bitcoin relative to altcoins over the past few days as the leading cryptocurrency has begun to outpace its offspring. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10% across the board. Even Ethereum dropped around 0.5%, despite first rallying to match Bitcoin. Analysts think that this trend will continue. Su Zhu, CIO and co-founder of Three Arrows Capital, commented on the matter: “$BTC going up swiftly is not only not bullish for alts but it’s bearish. reasons for this are myriad but boil down to the fact that…

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