Thousands of spinoffs of the world’s leading cryptocurrency Bitcoin are expanding into the void, according to market analyst Josh Rager. The Bloockroots.com co-founder on Sunday said the demand for “highly speculative” alternative cryptocurrencies, or altcoins, is falling. The analyst noted that institutional investors now look at bitcoin, the first cryptocurrency, as their preferred choice of...

The post No Demand for “Highly Speculative” Altcoins: Analyst appeared first on NewsBTC.

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