Which is why, it wonder me wonder why Bitcoin's market dominance have been rising so fast? What could be the cause of this? Will altcoins die soon, as a result of Bitcoin dominating the whole market? Or will they still survive?
From my point of view, rising prices and increasing the amount of Bitcoin that has been mined are the main factors in market dominance. And the weakening factor of Altcoins is because most people sell their Alcoins for Bitcoin. Apart from that, Altcoins only have a few places even though they have a large number.