Do You know the reason why altcoins were dumped hard yesterday?
The Reason of dump in altcoins is,the pump in $BTC dominance with dump in the price of $BTC .On the first of of dump when btc was above 60k,the altcoins were not going down, because the dominance of btc was going down.
When the $BTC was dropping from 63.8k to 60.6k,the dominance of $btc was also dropping.That is the reason altcoins were stable.
But the altcoins started dumping when the price of dropped below 60.6k.Because,Below 60.6k the dominance of BTC started pumping,while the $btc was decreasing.
*Relationship between Altcoins And BTC DOMINANCE*
