Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
I don't think Bitcoin will go down easily or maybe go down down. Since it dominated other crypto, it would be difficult to surpass their dominance. Other new crypto won't last longer, just a your suitor who just only good at first. Since Bitcoin have something established, it would be difficult to others to surpass them, even to be leveled with them.