Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
It always happens when BTC falls, alts fall too and when BTC rises again they fall because Bitcoin Dominance Index goes up which reflects money flow from Alts to Bitcoin. When Bitcoin get stabilized as well as Dominance Index comes down the Alts Markets starts performing. This is the lesson of history in crypto space. I am quite sure when BTC Price will move side ways but stays above 50K then we will again see Rally in Alts.