In accordance with BitcoinSistemi, market maker Wintermute has published a report stating that a broad-based altcoin rally will require Bitcoin and Ethereum to take the lead. The report highlights that while positioning has reset and market tone has improved, altcoins remain volatile and underperform compared to other risk assets. Bitcoin and Ethereum held stable ranges during the week, while altcoins showed limited momentum. Wintermute also noted that upcoming U.S. regulatory and political developments could trigger further volatility.
Wintermute Report: Altcoin Rally Depends on Bitcoin and Ethereum Leading the Way
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