We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?
Looks like this is occurred because SEC delayed decision regarding bitcoin in ETF. That maybe the reason for bitcoin's dominance.
But do you think the delay will be short ? i dont think so. So, this bleeding market will continues until there are any good news on altcoins.