Bitcoin's price faced a significant rejection at the $65,000 mark on August 25, leading to a noticeable downturn characterized by strong bearish momentum.
This shift has prompted investors to redirect their funds toward a new altcoin that is currently outperforming Ripple.
The movement indicates a potential change in investment strategies and confidence within the cryptocurrency market, as investors seek diversified opportunities beyond Bitcoin.
Source: en.cryptonomist.ch ↗