A $215 billion altcoin rally rests on Bitcoin holding its reclaimed market structure

The altcoin rally added $215 billion in market capitalization between Aug. 19 and Aug. 22, pushing the combined value of coins outside Bitcoin (TOTAL2) up more than 24% and back above $1 trillion, according to CryptoQuant analyst Darkfost. Darkfost also found that 56% of Binance-listed altcoins have reclaimed their 200-day moving averages, a sharp reversal […] The post A $215 billion altcoin rally rests on Bitcoin holding its reclaimed market structure appeared first on CryptoSlate.