Stacks

Bitcoin

Shiba Inu

Pyth Network

Coin

<p>Bitcoin has pumped over $60k today, meaning it has surged nearly 20% just this week. With Bitcoin’s all-time high around $69k, the top cryptocurrency is knocking on the door of record levels once again.</p> 
<p>Multiple factors are fueling Bitcoin’s latest rally, chiefly recent Bitcoin ETF approvals allowing major institutions like BlackRock and Fidelity to pour millions into BTC.</p> 
<p>However, while Bitcoin booms, many traders’ altcoin portfolios remain oddly stagnant. As a trader and investor myself, I certainly feel some frustration when my holdings lag while Bitcoin erupts. Why is my portfolio so calm?</p> 
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">JUST IN: Total spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> ETF trading volume surpasses $3 billion for the second day in a row:<br><br>• BlackRock: $1,323,940,885<br>• Grayscale: $799,160,227<br>• Fidelity: $576,812,680<br>• Ark Invest: $203,762,725<br>• Bitwise: $78,165,380<br>• Invesco: $41,289,809<br>• Franklin:…</p>— Watcher.Guru (@WatcherGuru) <a href="https://twitter.com/WatcherGuru/status/1762605000298029153?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 27, 2024</a>
</blockquote>  
<p>The reason is straightforward – the majority of liquidity and market focus is currently laser-focused on Bitcoin and, to some degree, Ethereum. Bitcoin’s upcoming halving in April and potential Ethereum ETF approvals in May have the market’s attention. Capital is flooding into blue-chip cryptos.</p> 
<p>So we may need to wait for Bitcoin to cool somewhat before altcoins can mount any major uptrends. Once institutional and retail interest broadens beyond BTC, we should see altcoins play catch up.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>Some major altcoins underperforming Bitcoin’s recent rally include DOT, INJ, <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="SHIB" data-wpil-keyword-link="linked" target="_blank">SHIB</a>, DOGE, BEAM, FIL and many more. But altcoin holders must remain patient. Flows should eventually rotate back into the broader crypto market if history is any lesson.</p> 
<p>For now, enjoy Bitcoin’s resurgence even if your holdings aren’t pumping. Take profits if you can, but keep the faith that altseason will come.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/expert-urges-caution-on-long-term-meme-coin-holdings-dogecoin-shiba-inu-and-others/" target="_blank" rel="noreferrer noopener">Expert Urges Caution on Long-Term Meme Coin Holdings; Dogecoin (DOGE), Shiba Inu (SHIB), and Others</a></li> 
 <li><a href="https://captainaltcoin.com/stacks-stx-and-pyth-network-pyth-prices-pumping-heres-why/" target="_blank" rel="noreferrer noopener">Stacks (STX) and Pyth Network (PYTH) Prices Pumping – Here’s Why</a></li> 
 <li><a href="https://captainaltcoin.com/xrp-price-faces-downward-pressure-investors-turn-to-bdag-and-pushd/" target="_blank" rel="noreferrer noopener">SEC vs Ripple Lawsuit Prompts Investors to Turn Towards BlockDAG’s $2M Presale</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/why-is-my-altcoin-portfolio-calm-when-bitcoin-is-booming/">Why is My Altcoin Portfolio Calm When Bitcoin is Booming?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why is My Altcoin Portfolio Calm When Bitcoin is Booming?

Table of Contents

CaptainAltcoin

Other articles published on Feb 28, 2024

3 cryptocurrencies for a 10x market cap increase in 2024

VeChain (VET) Consolidates 80% Surge With New Token Launch

Harga PEPE Melompat 143 Persen dan Naik Peringkat 100 Besar CMC

BlackRock’s Private Bitcoin Event: Insider Leaks Major Takeaways

NFT Frauds Keep On Rising – Another NFT Investor Has Lost 22 NFTs In A Phishing Attack

Coinbase Debuts Asset Recovery for the BNB Chain and Polygon

Join our free newsletter for daily crypto updates!