Bitcoin Won The Store Of Value Battle, Now Altcoins Must Justify Their Existence7.4

After a rough week for crypto, Bitcoin managed to defy expectation by breaking $6k resistance. With this, Bitcoin dominance is also up, to 58% at the time of writing, a level not seen since the last bull run. Naturally, Bitcoin maximalists are pleased with how 2019 is panning out so far, but what does this mean for altcoins?

Following April’s price jump, market sentiment has continued to remain bullish. Yesterday’s breakout has only added to expectations of an end to the bear market. And all signs point to that.

Original source
https://www.newsbtc.com/2019/05/10/bitcoin-won-the-store-of-value-battle-now-altcoins-must-justify-their-existence/

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