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?
Im just hoping that this same thing is going to happen this year again. Some people has been saying that the price of Bitcoin will reach up to thirty thousand dollars this year and other has predicted fifty thousand dollars, I dont know which one is correct but Im just hoping that at least it gets to twenty thousand dollars or a bit above that price rate before the end of this year. Even if doesnt, I invested at a lower price rate so I dont really have any problem with it.Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?