As per Coinmarketcap's data -
https://coinmarketcap.com , Bitcoin is steadily gaining market dominance and I want to know what will be its implications or possible repercussions on the crypto-industry? Any ideas?
Every day when looking at Coinmarketcap the Altcoin price continues to decline. This is because Bitcoin domination continues to occur. So that the Altcoin holders slowly sell their assets, to move to Bitcoin.
Although Bitcoin is still high in price, it does not guarantee that a rising Altcoin price can occur. The current market is very difficult in predictions and I have suffered losses. I now also decided to move to Bitcoin.