First for 2018: Crypto Spread Favors Bitcoin

Bitcoin has finally pulled ahead after some ambivalence yesterday. At the same time, the Altcoin Index has risen, but not quite in stride with BTC as it is hampered by pullbacks in Ripple and Ethereum. The Kovach Crypto Spread Indicator has finally tilted to Bitcoin’s favour, ever so slightly, though this is significant because it is the first time this has happened in 2018. The last time was New Year’s Eve, 2017.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!