#Bitcoin dominance is falling & people are (wrongly) assuming that altcoins are outperforming $BTC now

CN
5 days ago

#Bitcoin dominance is falling & people are (wrongly) assuming that altcoins are outperforming $BTC now...

But they're mistaken...

Take a look at this:

🟠 $BTC.D

🔵 $BTC.D + $ETH.D + $SOL.D

BTC.D is falling, but the combined dominance of BTC, ETH, and SOL is making new highs. This tells me, unequivocally, that the decline in BTC.D is entirely due to Ethereum playing catch-up and finally outperforming over the past few days.

This isn't an alt season rally (yet).


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