Bitcoin dominance has begun to decline.

[lepbagong]

There is a moment where Bitcoin will be very dominant in the market, this will really determine the market condition, bump, and pump of the crypto prices. However, when the price of BTC is sideways, maybe this is will make the prices of the altcoins are increasing.

I hope that what you say with bitcoin prices is sideways true, because we hope that not only bitcoin is more active, but the biggest hope is that altcoins can also find renewable ATH so that there is enthusiasm for bounties which is indeed highly anticipated. because altcoins are currently the biggest foundation to be able to play a role at the best price.

[Stuart]

The interest on crypto currencies is bitcoin and which is what brings in new investors and this is making the dominance of bitcoin get higher. Truly, the price of alts will increase and their interest will also increase, so long as there is a bull run in the price of bitcoin in the market. We all know that the price of bitcoin has complete effect (either positively or negatively) on alts, even on tokens/projects that are still incubating. The market condition of bitcoin determines the pump or dump of alts, and at times determine the success of most projects.

[Newron]

At the present time the dominance of Bitcoin has begun to decline. Bitcoin is currently priced at over 50,000. Bitcoin rules have grown so much over time. Hope to grow more.

[Fenix]

The interest on crypto currencies is bitcoin and which is what brings in new investors and this is making the dominance of bitcoin get higher. Truly, the price of alts will increase and their interest will also increase, so long as there is a bull run in the price of bitcoin in the market. We all know that the price of bitcoin has complete effect (either positively or negatively) on alts, even on tokens/projects that are still incubating. The market condition of bitcoin determines the pump or dump of alts, and at times determine the success of most projects.

Cryptocurrency is not only bitcoin, but also more than 8,600 other types of cryptocurrencies. Moreover, as far as we can see, bitcoin is far from ideal cryptocurrency and most altcoins have much better functional characteristics than it has. Bitcoin can most likely be called the most speculative cryptocurrency. In bitcoin, many people are most interested in its price and its ability to constantly rise in value.
However, what interests me most is the development of the cryptocurrency market, not the rise in the price of bitcoin. Therefore, I expect Bitcoin's capitalization level to drop enough that it loses its price dominance over the rest of the cryptocurrency. Now this level is 60.7 percent. If it continues to fall, very soon we will be able to see the season of price increases for altcoins.

[Bitstar_coin]

The question is,  is there any time that btc didn't dominate the market! Because so far both in bear and bull btc is always in control,  btc is down, alts will suffer, btc pumps alts will still suffer, when has btc not in charge and dominate the market.

[yohananaomi]

The question is,  is there any time that btc didn't dominate the market! Because so far both in bear and bull btc is always in control,  btc is down, alts will suffer, btc pumps alts will still suffer, when has btc not in charge and dominate the market.

clearly what you are asking is impossible, as long as this is what happened and no one can avoid the reality that has happened so far, maybe next time there will be a change we cannot conclude at this time.
because it is clear that bitcoin is still the one that is still in power today.

[robert20]

As the BTC price is dumping so people are exchanging their crypto in other Altcoins so we are seeing a decrease in the bitcoin dominance. As soon as the market will get stable BTC will again go to its position. Nothing can beat BTC.

[vegasus]

There is a rumor saying that there will be altcoins season in the near future. The drop in Bitcoin dominance may be the sign for altcoins season. People probably move their funds to altcoins because the Bitcoin price looks in a sideways position. In this situation, investors better choose altcoins that are improving better than Bitcoin this time.

[Angel jara]

At the present time the dominance of Bitcoin is beginning to wane. We all know this but it can be understood by looking at the currency market. One of the reasons why the price of Bitcoin suddenly started falling is that we don't understand it. Hopefully soon Bitcoin will return to its previous state.

[labonikhatun]

I think the reason for the decline in the price of bitcoin is that there has been some bad news in the market and the demand for bitcoin investment has decreased however, it will not last long. Everyone is investing to keep prices down for which prices have started rising again this time the price increase will double Bitcoin.

[Sharelock]

There is a rumor saying that there will be altcoins season in the near future. The drop in Bitcoin dominance may be the sign for altcoins season. People probably move their funds to altcoins because the Bitcoin price looks in a sideways position. In this situation, investors better choose altcoins that are improving better than Bitcoin this time.

It is true,
Usually when bitcoin prices are sideways, altcoin prices immediately go up.
But it looks like this year is a little different. Because the price of bitcoin this year is very stable and for me there is no sideway movement yet. So the altcoin season is still on its way.
But I'm pretty sure if that will happen

[flyaccount]

After experiencing a continuous increase, I think it's only natural that Bitcoin will now start to decline. This is so that investors can also buy Bitcoin again, then later the price will increase again.

[Arkann]

I believe that Bitcoin's presence in the cryptocurrency market is only increasing as Bitcoin's capitalization has increased much more than in 2020. But at the same time, one must take into account the fact that large volumes of bitcoin are withdrawn from circulation for cold storage, because large capital invested in Bitcoin not for short-term speculation, but for long-term prospects.

[Hisbullah]

At the present time the dominance of Bitcoin has begun to decline. Bitcoin is currently priced at over 50,000. Bitcoin rules have grown so much over time. Hope to grow more.

Because there are several potential altcoins, I think It is the reason why bitcoin dominance has begun to decline. Several Investors already invested in alternative coin and they believe altcoins will have bright future too

[Bitstar_coin]

Even if the dominance decline it will still take a toll on alts nonetheless, then what is the essence of it all, I prefer when dominance is high and price is pumping which also gives room for some alts to pump alongside btc as well, because alts can not operate independently without the help of btc.