What do you think will happen to Alts in the next BTC bear run? Are they going to follow BTC road to his next 200 days lowest point (around $32471) or with the money flow pumping in a lot of cryptocurrency based companies will they keep growing and moving forward?
All the questions because there is a clear decrease in BTC dominance falling below 50% and in the near past some Alts like ETH or even DOT have shown a normal growth.
Also some important people in the crypto world like CZ are talking about the same subject saying that there is no reason for some coins to lose more than 40% in value.
A bursting growth is yet to come for well established DAPPs.
So, do any Alt have the potential to avoid the crippling fall and why?
The price dominance of bitcoin in the cryptocurrency market is still large, so in general, when bitcoin falls, the rest of the altcoins will follow. However, even if you look at the situation in today's market, you can see that the price of bitcoin is now practically standing still or even falling slightly, and ethereum has already exceeded its price record and reaches a price of $ 2800. The top BNB and XRP coins are also doing well. Concurrently, Bitcoin's dominance fell to 48.3 percent, while ethereum rose to 15.3 percent. The situation on the cryptocurrency market will constantly change and it is quite possible that some altcoins will move away from the dominance of altcoin.