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RE: Market Snapshot - September 7th 2018

in #steemit • 6 years ago (edited)

Whenever Bitcoin takes huge falls and all other alt coins follow, it makes me think no altcoin can independently rise, e.g, steem wont significantly independently rise until bitcoin does. Is this entirely true?

6 years ago in #steemit by
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     6 years ago 

    As long as Bitcoin dominance is above 30%, it's obvious that all the other assets are "doomed" to depend on it.

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       6 years ago 

      and nowadays Bitcoin dominance is above 54 %.

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