Cryptocurrency Market Sees Bitcoin Dominance Over Altcoins Rise
The Cryptocurrency Market does swing hard and fast. Sometimes up and sometimes down. Not always easy to anticipate. Bitcoin price action due to irrational market behaviors from outside factors. Bitcoin dominance is rising as Bitcoin continue to take over market share back from the altcoins.
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Hasn't Bitcoin always been the dominant?
All the assets in the space have followed Bitcoin on the downside; losing more than Bitcoin itself which has led to Bitcoin dominance over 40%. Long-term, it does not make sense for Bitcoin to have more than 30% of the total market so solid projects should outperform in the long run so these declines should be great buying opportunities.