Forex & crypto
Altcoin
An altcoin is any cryptocurrency other than bitcoin ("alternative coin").
An altcoin is any cryptocurrency other than bitcoin ("alternative coin").
There are thousands, from ether to tiny projects. Altcoins are often more volatile than bitcoin: they can rise very fast but also collapse. Many follow the overall direction set by bitcoin.
During a strong bitcoin rally, some altcoins gain 50% in a few days.
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