Post
Topic
Board Altcoin Discussion
Re: Bearish market! Tezos price drops to $2.8.
by
Vishnu.Reang
on 29/06/2020, 16:52:33 UTC
It has risen from approximately $ 1 from the beginning of this year to the current price, so I think it is not yet possible to confirm that is a bearish market. Currently, BTC is entering a correction phase after heating up above $ 10k, so altcoins prices will also be affected.

The Bitcoin dominance is still stable at 64-67% range. But then, not all of the altcoins are doing well. You might have noticed the sharp drop in market capitalization and market share for alts such as XRP, BCH, BSV and LTC. On the other hand, Ethereum is steadily increasing its market share, along with stable coins such as Tether (USDT) and USDC.