Crypto Spring,
The last quarter of 2023 gives hope that next year will bring new records. Could the 10th month of 2020 be a bull harbinger, just like this?
The dominance effect of $BTC affects the market greatly, according to#coinmarketcapdata, $BTC is effective in 51.5% of the market. $ETH follows with 17.4%.
We can give an example of how the dominance effect mobilizes the market as follows; While the great bull of 2021 was pushing for the top, Bitcoin had a market dominance exceeding 70%. After all, this volume gives positive momentum to all sub-coins.