Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin market dominance rising fast?
by
Leyss
on 23/10/2019, 18:16:11 UTC
The last two years, the altcoin market has actually been in a bear market. Altcoins almost did not grow even when in the second quarter of this year bitcoin increased in price by almost four times. Under these conditions, investors are more likely to invest in bitcoin rather than in altcoins. Including therefore, the capitalization of bitcoin is increasing. I think that if by the end of the year bitcoin does not meet the expectations of investors, its level of capitalization will fall. In addition, this process will largely depend on the behavior of altcoins in the cryptocurrency market.