Bitcoin Dominance Moves to 2019 High: Is This The Start of Crypto Decoupling?10.4

Over the last few days, Bitcoin dominance has moved to its highest point relative to the rest of crypto market so far in 2019. Although far too early to categorically state as such, this could be a sign of the decoupling that some analysts have stated necessary for a true Bitcoin bull-run to begin once again.

An alternate theory, however, is offered by Fundstrat Global Advisors’s Tom Lee. The perma-crypto-bull believes that the bear market is already over and that altcoin prices will likely pick up driven by investors taking profit from Bitcoin gains.

Original source
https://www.newsbtc.com/2019/04/29/bitcoin-dominance-moves-to-2019-high-is-this-the-start-of-crypto-decoupling/

Add comment

Please Sign in to be able to leave comments.