The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months.
Altcoins with market capitalizations under $10 billion may be gearing up to present “some opportunities” for investors as they’ve traded down since Bitcoin (BTC) hit a new high earlier this year.
“Smaller cap crypto assets have been taking it on the chin since March high of this year,” RealVision chief crypto analyst Jamie Coutts wrote in a June 13 X post.
Bitcoin hit an all-time high of $73,679 on March 13 — but over the past week, it slumped nearly 6% to $67,126, according to Cointelegraph Markets Pro.
