Capriole Investment's Cryptocurrency Speculation Index Slips, Bitcoin Repeats Bullish Trend
Capriole Investment's Cryptocurrency Speculation Index, which measures the percentage of alternative cryptocurrencies (torrents) with 90-day returns higher than Bitcoin, has stabilized below 10%, and the speculative excesses that were prevalent in the first quarter have dissipated, suggesting that the leading cryptocurrency by market capitalization, bitcoin (BTC), is likely to once again see bullish price action.
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