Post
Topic
Board Speculation (Altcoins)
Re: Almost all the altcoins in red again!
by
cribusen
on 07/09/2019, 09:03:00 UTC
I just came back from work now and find out that all the altcoins are in red except few one.  I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?

Because of the large dominance of Bitcoin. I expect, that during the next bullish trend of BTC, altcoins will fall even deeper, but after BTC rally finishes, altcoins will grow, because dominance should fall and provide space for alts.