Bitcoin Dominance 5D Chart Shows Downward Trend
Despite the attempts of Bitcoin Whales and Maximalists to maintain Bitcoin as the number one crypto... the market seems to be moving towards altcoins more and more.
As new projects form... old projects evolve... and new money floods into the crypto market... it seems inevitable that the 'altcoin' market cap will increase relative to the bitcoin marketcap.
That's not to say the Bitcoin Whales won't fight for their prized possession. Through various market manipulations and maximalist shenanigans, they will attempt to bolster the price of bitcoin with large upswings in the price of BTCUSD expected.
Follow us for analysis as the crypto markets evolve over the coming summer and US elections and towards the new year.
As new projects form... old projects evolve... and new money floods into the crypto market... it seems inevitable that the 'altcoin' market cap will increase relative to the bitcoin marketcap.
That's not to say the Bitcoin Whales won't fight for their prized possession. Through various market manipulations and maximalist shenanigans, they will attempt to bolster the price of bitcoin with large upswings in the price of BTCUSD expected.
Follow us for analysis as the crypto markets evolve over the coming summer and US elections and towards the new year.
