Altcoins
News Explorer — Bitcoin Dominates Cryptocurrency Market, But Altcoins Could Rebound, Analysts Say
July 31, 10:46 p.m.
Decrypt
Bitcoin Dominates Cryptocurrency Market, But Altcoins Could Rebound, Analysts Say
Bitcoin’s dominance of the cryptocurrency market has reached a three-year high, surpassing 53% of the total market. This is unusual as altcoins typically outperform Bitcoin during bull markets. Despite this, there are signs that altcoins could soon make a comeback as whales prepare for the next altcoin rally.