BlockBeats news, on September 25th, according to the analysis company CryptoQuant’s Korean BTC premium index, the index turned negative on Wednesday, falling to -0.55, the largest discount since October 2023. In addition, volume data from Korean trading platforms also shows that people are turning to altcoinCryptocurrency with high beta values (Volatility greater than market Volatility). Markus Thielen, founder of 10x Research, also stated in a recent report that swift traders are seizing the opportunity, buying a large amount of their favorite AltCoin, and a strong pump is expected in the fourth quarter. With BTC breaking through $60,000 and aiming to surpass $65,000, savvy traders have already accumulated undervalued AltCoins, including TAO, ENA, SEI, APT, SUI, NEAR, and GRT.
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