Posted 1/17/2024, 9:11:00 PM
Bitcoin Soars 150% in 2023; Analysts Predict Altcoin Rally in Crypto's Next Phase
- Bitcoin rallied over 150% in 2023, outperforming smaller cryptocurrencies
- Analysts say altcoins may soon outperform, as crypto bull cycles tend to have two phases
- In late stages, smaller coins tend to see bigger gains as investors seek higher growth
- Past crypto rallies saw altcoins like DeFi and NFTs surge in 2020-2021
- Investing in altcoins with strong fundamentals may generate returns exceeding bitcoin