4 Layer 1 Altcoins Going Parabolic As Bitcoin Miner Capitulation Eases

Layer 1 altcoins experienced a significant correction in June, following Bitcoin’s decline to $60,000. This downturn was largely driven by Bitcoin miners selling off to cover operational costs and significant outflows from U.S.-based ETFs. However, the selling pressure began to subside last week, allowing Bitcoin to recover from the $60k mark and enabling altcoins to The post 4 Layer 1 Altcoins Going Parabolic As Bitcoin Miner Capitulation Eases appeared first on CoinGape .

Source: CoinGape