#ChristmasMarketAnalysis
Factors affecting the dominance of #البتكوين :
1. The emergence of new projects: The number of currencies in 2016 was approximately 4000 currencies and Bitcoin's dominance was above 80% and today we are talking about 2.4 million currencies.
2. The emergence of new owners who own huge amounts of Bitcoin.
3. Stablecoins: The abundance of stablecoins creates new value and dispersion in acquisition.
4. Bull or bear race: Investors' greed makes them invest in alternative currencies in the rising market because they know that their returns are greater.
All of these are reasons why Bitcoin's dominance loses its strength over time.