A very hard day for bitcoin, that after a very volatile day marks a small dip, while altcoin grow really really high.
In las 24% bitcoin has lost near to 1-2%, while altcoin are pumping very hard. Bitcoin's market dominance (the Bitcoin market cap /overall market cap ratio) is slowly falling, and now it is near to 49%.
Bitcoin cash is pumping very hard, and at this moment it is over its all-time-hight of 2477.65$ marked on 12 november.
Litcoin too is exploring new all-time-hight.
This process will probably continue as bitcoin network is becoming very slow and bitcoin is unusable as money, with very very slow confirmations and monster transaction fees. (i will post an update about this within hours). Until i will post today's update, you can find more info here about the great difficulty retarget that is creating a lot of problems https://steemit.com/bitcoin/@marculisse/important-do-you-want-to-transfer-bitcoin-do-it-immediatley-retarget-incoming)
Ethereum too is mooning, adding a lot of billions to market cap. In last 24 hours Ethereum network has elaborated near to 1.100.000 transactions, an incredible record of network use. More data here https://bitinfocharts.com/comparison/ethereum-transactions.html
Overall market cap is very high, at 630 billion dollars. Volumes too are very high, 43 billion $, creating a lot of problems to exchange severs (as usual!).
What will happen in the coming days?
Bitcoin network is freezing, while Bitcoin Cash and Litecoin are "very usable as usual" and so I expect a great rise in LTC/BTC and Bitcoin Cash/BTC ratios. I strongly recommend to read the article that i will publish within hour to better understand this scenario.
Altcoin too will probably outperform bitcoin.
So stay turned and, in any case, DO NOT INVEST MORE THAN WHAT YOU CAN AFFORD TO LOSE.
Have a nice day guys!