Bitcoin Reaches New All-Time High, Altcoin Spring is Near
Bitcoin continues its frenzy, reaching yet another all-time high above $28,000 on December 27, 2020. This represents a gain of more than 200% year to date, and one of the best years for the asset to boot. However, the digital asset sphere is more than just Bitcoin, despite how often it takes the spotlight. Other coins have different value propositions and fill certain needs more effectively than Bitcoin, and the rising tide generated by Bitcoin will lift all boats in the system. Often dubbed “altcoin season” by its proponents, the positive press and movement generated by Bitcoin will inevitably spark research and interest in lesser-known coins.