How Bitcoin's Bold Comeback in 2024 Could Transform Your Crypto Portfolio
The cryptocurrency market is growing up in many ways. Right now, Bitcoin (CRYPTO: BTC) is rebuilding the sector dominance it lost in two sharp drops several years ago. Does that mean it's high time to double down on the largest and oldest name in crypto or that investors should pick up undervalued altcoins at a discount? Or does the right plan of action lie somewhere in between those extremes?
Let's take a look.
All my sources agree -- Bitcoin is rebuilding its lost market dominance. The coin accounts for roughly 56% of the crypto market's total value today. That's up from a trough of approximately 39% in November 2022 and an even steeper drop to 32% in January 2018.
Source Fool.com
