CandleFocus Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm
2024-12-04
Author: Content Editor
The interest in altcoins, or alternative cryptocurrencies, has reached its highest level in December, according to Google Trends data. This surge in interest coincides with Bitcoin's stability around the $97,000 level. The spike in altcoin searches is believed to be driven by retail investors, indicating a growing appetite for alternative assets. Some altcoins, such as XRP and XLM, have seen significant growth this month, but still trade below their all-time highs. Other altcoins, including Binance Coin and Tron, have broken their previous record highs.
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