Altcoins rally to new highs after the ETH/BTC pair flips bullish
Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of (BTC) continued to face headwinds and the digital asset trades at $47,100.
The top altcoin Ether (ETH) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the pair on Tuesday is thought to be the fuel behind altcoins which rallied more than 30% today.
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