Falling Bitcoin Dominance May Lead Spectacular Altcoin Returns

Falling Bitcoin Dominance May Lead Spectacular Altcoin Returns | Crypto Briefing

Drops in Bitcoin dominance coinciding with drops in its price may act as a strong leading indicator for short-term altcoin gains. A look at the data shows promising results. A peculiar event happened last week – as BTC’s price decreased, so did its dominance. Such a development goes against this year’s trend of ever-increasing Bitcoin dominance.