Bitcoin Regains 40% Crypto Market Dominance As Ethereum, Other Altcoins Plummet

in #bitcoin7 years ago

Bitcoin’s crypto market dominance has recovered above 40 percent as Ethereum’s deep falls caused its presence to reduce sharply.

Data from Coinmarketcap shows an uptick of around two percent over the past 24 hours for Bitcoin, despite its price also slipping downwards.

Read more here: https://cointelegraph.com/news/bitcoin-regains-40-crypto-market-dominance-as-ethereum-other-altcoins-plummet

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Very interesting. Let's see what Ethereum and Litecoin do today... Upvoted and Followed.

They'll both continue to tank, there's no support at these prices. Oddly enough precious metals also got hit yesterday. If you ask me, I think a lot of it has to do with the underlying recession in the US. The stock market can boom, the Fed can churn out their spurious economic data, fact of the matter is, most people out there are curtailing their spending.

Just wait n watch.......