Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.
So what to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
Now the dominance of bitcoin is 62.2 percent, despite the fact that participants in the cryptocurrency market are preparing for an increase in prices in this market, and primarily the rise in the price of bitcoin. Altcoins are now continuing to develop and, apparently, their functional diversity is still becoming interesting to people. In my opinion, this is very good. This is a guarantee that cryptocurrency will gradually enter our lives.