Bitcoin Dominance is Falling, Alt Season is Here – Scott Melker

Bitcoin Dominance is Falling, Alt Season is Here – Scott Melker – BitcoinPrice.com

Bitcoin’s dominance rate – the crypto market leader’s share of the total crypto market – breached the two-year long ascending trendline last month and has dropped to 62.61% today to hit the lowest level since July 2019. The slide in the dominance rate also indicates the altcoins are gaining ground.