Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem when BTC goes through bull and bear cycles.
As altcoins begin to show signs of newfound momentum, traders are becoming even more confident in the strength of BTC’s trend.
Throughout December, altcoins stagnated against Bitcoin,…
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