Is the next( or present) Bull Cycle the end of BITCOIN Kingdom?
Wow!!! Amazing journey for all the altcoins.
The majority of the 100 first cryptos according to the Market Cap are growing higher than BITCOIN today, which, however, is still sustaining a 2.5% rise.
In one week time, the total Market Cap has grown 56 billion USD, which is 18% more... It is indeed a good signal of the possible market recovery but...
The King of the CRYPTO's, AKA BITCOIN is losing dominance very fast these days:
In one week, BTC has lost 3.7% in dominance, even if the Market Cap has increased 18%, the majority of the new FIAT has gone to the altcoins.
- Actually, have a look, BITCOIN does not move a billion from 1 week ago:
- Instead, ETHEREUM has increased a lot in Market Cap, from 45 Billion USD to 55 Billion USD = 22%
- BITCOIN CASH, from 12 Billion to 16 Billion = 33% more
- EOS, from 6.9 Billion USD to 7.5 Billion USD = 8.8% more
At this "rate" we may see BITCOIN falling to the second place this year, being over-passed by ... ETHEREUM? Which is your bet?
I bet for EOS!!!
Enjoy Cryptoland!
Buyers are maturing? Is it the prelude of whale's strategy? the TMC never ceases to amaze us, fun :)
Dont forget steem. Jerrybanfield posted that steem would overtake bitcoin by 2021 or something. Its trending right now
Well, he is not a godness but I think as well that steem can overtake BTC by then.., everything depends on how steemit developers react this year ;-)
This is a greater Doubt than hamlet's one!!!