Quote from: avikz on Today at 04:00:35 PM

Quote from: Macro Exchange on Today at 02:03:16 PM

Ethereum is trying to push higher, with some calling for a move to $3500. But Bitcoin dominance remains above 60% and shows no signs of dropping.
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.

Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following BTC lead without any independent strength?

It's a marginal drop in Bitcoin dominance so I am not really worried about it. There's no real reason to focus on altcoins anytime soon. ETH is a different case. Just the way Bitcoin is a pioneer in crypto market, ETH is a pioneer in smart contract feature. So it has its own strength. It's great to see that ETH is picking momentum.

Bitcoin's dominance will remain as it is. Even though we will see some marginal increase or decrease, it is really not something to be worried about.

Yep.

To topple down the dominance of BTC's rally, there would be a need for a multitude of events, not one or even two.