I have been in the cryptocurrency market for almost two months, I observed that when the market fell, the percentage of BTC always increased. The current percentage of BTC has accounted for more than half of the market. What does this mean? Can anyone give me an explanation, and why is BTC? not another Coin? Because in my opinion, BTC is affected by market volatility more than the Altcoin!
You mean the price of Bitcoin increases or Bitcoin dominance? I guess you should include some evidences to convince your readers. I wouldn't be surprised if this is true. The markets are somewhat interconnected.
Bitcoin is the main cryptocoin. Investors trust it more I guess