Bitcoin and crypto market now

The current situation of the crypto market is not cool. Bitcoin is moving around US$80,000 whereas altcoins are not really doing great, which is not expected because generally when the Bitcoin price is up, altcoins should also move forward.

There are so many altcoins available in the market and some of them are doing good but the majority of the altcoins are not really cool in the current market situation. If I talk about the price maybe we get to see another cycle in the market where altcoins will also show some positive movement.

Here I am sharing the price chart for Bitcoin, where you can see a good movement because in the last one month we have seen how Bitcoin has performed. Technically its price is up by 30%, which I think is a good appreciation, but can we also expect the same on altcoins? The answer is that it is really difficult to answer at the moment.

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Although the current price is slightly down, I think it is still good because it is moving around US$78,000. If I do the comparison over the last 1 month, then it is 24% up, which I consider good price appreciation.

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