Altcoins are rallying, with Ripple reclaiming its position as a top cryptocurrency by market capitalization, up to 3rd.
Bitcoin's price remains range-bound, as investors appear to be diversifying into altcoins.
Bitcoin exchange reserves have plummeted, indicating a potential supply squeeze and increased demand.
The sustainability of the altcoin rally depends on Bitcoin holding its ground and the overall market sentiment.
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04-12-2024 14:04 GMT
by Zain Vawda