With Bitcoin dominance exceeding 58%, questions arise about the future of altcoins in the current bull market. Very few altcoins have managed to secure a significant presence, causing concerns about whether they will be squeezed out as Bitcoin continues to lead.
The trend shows a clear preference for Bitcoin, overshadowing smaller cryptocurrencies. This development raises further speculations on the potential impacts on the broader cryptocurrency market.
Source : cryptodaily.co.uk ↗