Altcoins are racing past Bitcoin ahead of its halvening

Altcoins are racing past Bitcoin ahead of its halvening

It’s altseason again. Although Bitcoin (BTC) is due to experience its third block reward halving event in the coming months, reducing the Bitcoin inflation rate, it appears that traders are more concerned with altcoins markets. According to data provided by Messari, almost every altcoin in the top 15 by market capitalization has racked up significant gains against Bitcoin in the last 30 days.