Post
Topic
Board Altcoin Discussion
Topic OP
BTC market capitalisation going up, what this means for ALTS
by
grasspop
on 13/06/2022, 06:02:25 UTC
BTC market capitalisation is currently at ~45%

Historically BTC market capitalisation has reached up to ~60% in bear markets

What does this means for ALTS?

Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?

Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.