Bitcoin Dominance Metrics Suggest Ethereum, Cardano, and Other Altcoins Could Dip Further: BTC Price Analysis
full version at captainaltcoin
Rekt Capital’s latest newsletter addresses Bitcoin’s dominance in relation to Altcoins’ price direction. The analyst says that when Bitcoin’s dominance is increasing, altcoin prices rarely remain stable. During that period, altcoins (every other cryptocurrency apart from BTC) dropped in valuation. According to the newsletter, this month marks the third consecutive one that Bitcoin’s dominance has