This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs

“Unlike equities which have a constant passive bid from ETF inflows and bond buybacks, crypto, and in particular altcoins, have the opposite – a constant stream of sell pressure,” Quinn Thomson, founder of crypto hedge fund Lekker Capital, noted in an X post.

Original Source: https://www.coindesk.com/markets/2024/06/21/this-is-why-altcoin-investors-struggle-despite-bitcoin-ether-sitting-near-yearly-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines