🔴 Bitcoin's dominance is on the rise,
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causing altcoins to drop significantly.
🔸 Avoid panic selling during this dip. If possible, consider averaging your investment costs.
🔸 Be patient and wait for Bitcoin's dominance to decrease. Altcoins are likely to recover and start gaining again.
🔸 Stay calm and strengthen your resolve. Selling in panic may lead to regret when altcoins rebound.
👉 Bitcoin's dominance is currently fluctuating between 54.75% and 53.50%.
🔥 What does Bitcoin dominance mean?
🔸 Simply put, it refers to the percentage of the total cryptocurrency market capitalization that is comprised of Bitcoin.
🔸 A decrease in Bitcoin's dominance suggests that capital is moving from Bitcoin to altcoins.
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