Post
Topic
Board Trading Discussion
Re: BTC dominance halved
by
Quonelet
on 31/01/2018, 02:43:42 UTC
BTC went up - alts went down, BTC went down - alts went down, this was the case before December, when cryptocurreny market pumped last time.
But according to coinmarketcap BTC dominance in crypto market is 34%, though it was more than 60-70% on September, doesn't it mean that people started paying more attention ta altcoins and so alts eventually becoming more "independent"?
I don't think it will happen this year or even next, but don't you think that some top altcoins may bypass bitcoin in the near future?
There is a lot of information from many countries regarding the Bitcoin ban in their country, which has had a significant impact on its price. But I also think it has gone up too high in the years apart, and now it goes down to stabilize its price. It will continue to go down, and I think the amount of 8,000 is a stable figure for a long time.