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Bitcoin's Wild Ride: Why Altcoin Season Might Be Around the Corner
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Bitcoin experienced significant volatility, hitting $108K in mid-December but falling to $93K after the U.S. DOJ announced the sale of seized $BTC. This has drawn attention to rising altcoins like Wall Street Pepe and Solaxy, which are gaining investor interest despite Bitcoin's instability. Diversifying investments is recommended. Image(s) are kindly provided by Unsplash Quick analysis of the situation Ah, Bitcoin! The cryptocurrency that’s more volatile than a soap opera love triangle. Just when you think it’s hit the peak of its emotional rollercoaster, it plunges down faster than an ice cream cone on a hot summer day. Back in early December, our beloved Bitcoin broke through the elusive $100K mark. However, following a dramatic peak of $108K on December 17, Bitcoin seems to have hit a bit of a speed bump, starting this week at a cool $98K. But wait—what’s that? A twist in the tale: the Department of Justice (DOJ) has crashed the party! In a move that sent Bitcoin tumbling dow...
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