Rising Bitcoin (BTC) Dominance Rate Puts Altcoins Rally, Which Started in 2021, At Risk


According to technical analysis by Fairlead Strategies, it’s likely to continue in the coming days, reversing the decline from 60% to 40% seen during the hazy crypto bull market days of March-April 2021. Investors then rotated money from the relatively expensive bitcoin into altcoins, leading to a decline in BTC’s dominance rate.

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